Mar 10 2006 | 12:00am ET
The $57 million Massachusetts Housing Finance Agency Employees Retirement System has committed up to $3 million to Goldman Sachs Private Equity Group’s new fund-of-funds.
John Doherty, executive secretary of the plan, said the board made the hire to diversify its portfolio. Funding for the commitment will come from the plan’s surplus and reallocation of its other portfolios. No managers will be terminated, Doherty said. The funding will be completed soon because the fund-of-funds is not in full operation yet.
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…