Chicago Teachers Dip Into Hedge Funds

May 20 2008 | 9:40am ET

The $11 billion Chicago Public School Teachers Pension & Retirement Fund is making its first foray into hedge funds, via funds of hedge funds.

The fund is looking to commit $300 million to fund of hedge funds managers based on recommendations by its consultant, Mercer. A source familiar with the search said Mercer is presenting a list of multi-strategy fund of hedge funds shops to the pension fund next month.


In Depth

Q&A: Ovid Capital Bets On Banks’ Need For Regulatory Capital Relief

May 21 2012 | 9:59am ET

The Basel III Accords, regulations covering banks which will take effect in Europe...

Lifestyle

Oaktree Founder Pays $52.5 Million For Manhattan Co-Op, A Record

May 15 2012 | 12:16pm ET

A co-founder of Los Angeles-based Oaktree Capital Management has paid a record amount...

Guest Contributor

Non-Agency Mortgages Offer Compelling Value

May 21 2012 | 8:33am ET

The non-agency mortgage market remains dislocated and is one segment of the fixed...

 

Service Providers


Publisher's Note

    Save The Date: FINforums Annual Hedge Fund Summit

    Mar 2 2012 | 4:10am ET

    Deirdre BrennanDeirdre BrennanFINforums, the events arm of FINalternatives, is holding its Annual Hedge Fund Summit on Sept. 20, 2012 at the Sentry Centers in New York City. Don't miss out on this chance to meet and mingle with the top decision makers and investors in the alternative asset management industry. Read more…