Merced May Up P.E. Investments

Mar 10 2006 | 12:00am ET

The investment committee for the $430 million Merced County (Calif.) Employees Retirement Association has recommended a $15 million increase to private equity.

The money will go to current managers and the plan does not expect to search for additional ones, said Maria Aravelo, plan administrator.


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Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

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