Saturday, 18 April 2015
Last updated 15 hours ago
May 7 2008 | 12:14pm ET
The $8.5 billion San Diego County Employees Retirement Association is currently searching for four to six managers for its newly implemented active commodity program.
SDCERA implemented a passive commodity program in June 2005 and transitioned to enhanced strategies in August 2006. Two months ago, the plan’s board furthered its active guidelines by adopting a policy for its commodity allocation, which include a maximum allocation of 15% to equities, 15% to physical commodities, allow short positions and use a mixture of enhanced and active managers.
The newly adopted policy also allows for investments in swaps, separate accounts, partnerships, funds-of-funds and commingled funds. The plan’s search is managed by consultant Ennis Knupp + Associates.
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…