Friday, 27 November 2015
Last updated 1 day ago
Jun 23 2006 | 8:55pm ET
The State Universities Retirement System of Illinois has earmarked up to $300 million to be invested in private equity next year. Dan Allen, cio of the $14.3 billion plan, said the funding plan for private equity was put in place because the initial five-year plan was ending this year.
He said that the volatility of the market and Sudan divestment legislation led SURS to use a one-year plan to help guide the investment staff and consultant Ennis Knupp + Associates. Allen said there are no particular aspects of private equity the plan will look at yet and he will look at the plan's existing private equity managers before initiating any possible searches.
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…