Thursday, 26 November 2015
Last updated 18 hours ago
Jun 23 2006 | 8:43pm ET
The $204 billion California Public Employees Retirement System has committed an additional $30 million to a venture capital fund aimed at helping grow businesses in the Central Valley. The plan first invested in the Central Valley Fund in October 2004 and now has $40 million allocated to the fund.
"The Central Valley is an emerging market of California," said Rob Feckner, president of CalPERS Board of Administration, in a statement. "It is an area that has enormous investment potential and a strong foundation of quality, diverse businesses." The Central Valley Fund targets businesses that are at least five-years-old, generate revenues between $5-50 million and have a strong market niche and management team.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…