Tuesday, 1 December 2015
Last updated 15 hours ago
Apr 21 2014 | 10:42am ET
A Clinton Group hedge fund’s work for the Austin Police Retirement System is done.
The $610 million Texas pension plans to redeem $16 million from the firm’s Magnolia hedge fund, Pensions & Investments reports. APRS CEO Sampson Jordan told P&I that the fund had matured and its investment horizons had been met.
Austin will also liquidate its holdings of a CBRE Special Situations distressed fund for the same reason. The pension has $10.8 million invested in that vehicle.
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…