Friday, 31 October 2014
Last updated 9 min ago
Mar 10 2006 | 12:00am ET
The $397 million New Orleans Employees Retirement System has hired 14 hedge fund managers to handle a total of $10.75 million.
Jerry Davis, chairman, said the plan decided to directly invest with 14 managers to test various strategies and would likely invest further with managers in strategies that perform well. He declined to name the managers while he is in contract negotiations.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.