Sunday, 29 March 2015
Last updated 2 days ago
Apr 4 2008 | 2:00am ET
The $6 billion New Hampshire Retirement System has issued a request for proposals for alternative investment consultants with experience in private equity, infrastructure, commodities, hedge funds and portable alpha strategies.
Firms selected will assist the system in establishing alternative investment policies and guidelines, portfolio construction, manager searches, due diligence and monitoring.
The deadline for the RFP, which can be accessed on system’s Web site is April 30.
NHRS currently has a target allocation of 5% to alternative investments, consisting of p.e., hedge funds and timber funds, but is looking to double its exposure in the space.
On the absolute return front, it has committed $31.5 million to Arden Institutional Advisers, a $13 billion fund of hedge funds, and $20 million to Relational Investors, a $7 billion activist shop.
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…