Sunday, 29 March 2015
Last updated 2 days ago
Mar 11 2008 | 11:18am ET
The $28 billion Arizona State Retirement System Phoenix is looking to ramp up its $1.4 billion private equity portfolio this year to more than $2 billion.
According to minutes from a recent investment committee meeting, the system expects to commit an additional $995 million to private equity in 2008.
Gary Dokes, chief investment officer, said there is currently $60 million drawn down in the system’s p.e. portfolio, which will increase to $360 million by the end of 2008.
Arizona’s nascent p.e. program began in July 2007 and its p.e. consultants are Ennis Knupp, Meketa Investment Group and Franklin Park Associates.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…