Dec 15 2005 | 5:32pm ET
The $1.4 billion City of Miami Police & Fire Retirement Trust will begin searching in January for two additional private equity fund-of-funds managers to handle a total of $24-28 million in primary partnership portfolios.
Robert Nagle, administrator, said the plan hired fund-of-funds firms Coller Capital and Lexington Partners at its board meeting last week to handle $12-15 million each in secondary partnership portfolios. Landmark Partners was the other finalist in the recently completed search. The money will come from a rebalancing of the plan's portfolio.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…