Wednesday, 20 August 2014
Last updated 2 hours ago
Jun 19 2008 | 2:00am ET
At least one penion fund is not shy about investing in alternatives. The $6.3 billion San Bernardino County (Calif.) Employees’ Retirement Association last month approved upping its allocation to the space from 32% to 35%.
The fund is also boosting its distressed debt, credit and private equity portfolios with new commitments, according to minutes from its May 12 meeting. Last month, the fund committed $10 million each to secondary buyout funds Lexington Middle Market II and Industry Ventures V.
It also committed $30 million each to Oaktree U.S. Convertible Bond Strategy, Oaktree High Income Convertible Bond Strategy, Lord Abbott Convertible Fixed Income Management Fund and Ares Enhanced Credit Opportunities Fund.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note