Wednesday, 23 July 2014
Last updated 2 hours ago
Nov 30 2007 | 10:22am ET
One month after issuing a request for information on direct private equity investing, the board of the $710 million Worcester (Mass.) Retirement System is further expanding its foray into alternatives. This time around, the system has issued a proposal for portable alpha strategies that employ diversified funds of hedge funds as the “alpha engine.”
The system intends to fund the portable alpha strategy with approximately $5 million to $15 million. The deadline for the request for proposals, which will be available after Dec. 6 at Meketa Investment Group’s Web site, is Jan. 11.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…