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."
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…