Gainesville To Study Private Equity

Jun 30 2006 | 3:28pm ET

The Gainesville Consolidated Police Officers & Firefighters Pension Plan and the Gainesville General Employees Pension Plan are considering an education into private equity in the third quarter.

William Johnston, treasurer, said if the plans do study private equity, any possible search would likely not occur until the middle or end of 2007. The plan currently has a 10% allocation to hedge funds. The General Employees Plan has approximately $30 million in assets and the Police Officers & Firefighters Plan has about $20 million in assets.   


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.