Wednesday, 1 April 2015
Last updated 2 min ago
Oct 31 2008 | 2:00am ET
The $34 billion State Retirement and Pension System of Maryland has reportedly increased its alternatives portfolio from 15% to 35% while decreasing its equities and fixed-income exposure.
The plan’s alternatives book includes private equity, real return and absolute return managers. Mansco Perry, chief investment officer, has said that the plan will hire managers to fill out the mandate but did not specify a timetable for the searches.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…