Monday, 4 May 2015
Last updated 12 min ago
Nov 5 2007 | 12:32pm ET
The board of the $13 billion Public Employees Retirement Association of New Mexico last month committed $100 million to three alternative investment vehicles.
The board awarded a $35 million mandate to Canyon Value Realization Fund, a credit oriented hedge fund, and a $35 million mandate to Marathon Special Opportunities Fund, a global distressed securities hedge fund. Both commitments are being funded from the system’s fixed-income portfolio.
On the private equity front, the board committed $30 million to Natural Gas Partners Fund IX, a real asset partnership targeting investments primarily in upstream oil and gas companies. The system is also funding this commitment from its fixed income portfolio.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…