Dec 22 2005 | 7:14pm ET
The $15.5 billion Ohio Bureau of Workers Compensation ruffled feathers in the private equity world this week by revealing that it is going to make public the value of its private investment portfolio on Jan. 6. According to Emily Hicks, a spokeswoman for the bureau, the move to release the figures, which are contained in a report, follows media requests for the report.
The fund allocates 5% of its portfolio to private equity. A partner at one of the private equity firms with which the Ohio bureau invests refused to comment directly on the matter, but said that when a private equity firm enters into an agreement with an investor, that investor "knows that some information is not meant for public consumption."
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…