Austin Plan Liquidates BlackRock

Mar 10 2006 | 12:00am ET

The $400 million Austin (Texas) Police Retirement Fund has informed BlackRock that the fund will liquidate its $10 million hedge fund portfolio that focuses on energy companies.

Sampson Jordan, administrator, said the plan decided to put the money with Wellington Asset Management, which manages an all-cap energy fund for the plan. 


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note