Sunday, 3 May 2015
Last updated 2 days ago
Jul 2 2008 | 2:00am ET
The fund of hedge funds search is over for the Iowa Public Employees Retirement System. The $22.6 billion plan’s investment board has approved hiring funds of hedge funds Blackstone Alternative Asset Management and JP Morgan Alternative Asset Management.
Each firm will get $300 million, with funding taking place over a two-to-three-year time horizon. The other finalists were Gottex Fund Management, Investcorp and Northwater Capital Management.
IPERS issued a request for proposal on August 1 to “evaluate low volatility fund of hedge funds products suitable for use in a portable alpha program.”
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…