Sunday, 24 May 2015
Last updated 2 days ago
Jun 13 2008 | 11:14am ET
The $13 billion State of New Mexico Public Employees Retirement Association last month committed a total of $115 million in a trio of hedge and private equity funds.
The fund approved a $35 million allocation to Sandell Asset Management’s Castlerigg Partners, an event-driven hedge fund, to be funded from fixed-income; $25 million to Onex Partners III, a p.e. fund investing in mid-market buyouts, to be funded from equities; $30 million to Silver Point Capital, a p.e. distressed debt fund investing in mortgage opportunities, to be funded from equities.
The fund has also extended the contract of its alternative investment consultant, Cliffwater, for another two years.
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…