Sunday, 29 March 2015
Last updated 1 day ago
Mar 24 2006 | 12:00am ET
The $13 billion City of Los Angeles Fire and Police Pension System has issued an RFI for an alternative investment consultant.
According to the RFI, candidates must have provided alternative investment consultant services to at least three public pension plans, one of which has had at least $5 billion in assets --$500 million of which have been in alternative investments-- for a minimum of three years as of Dec. 31, 2005.
The fund currently has 10% in alternatives. A copy of the RFI is available on the fund’s Web site (www.cityofla.org). Proposals are due April 21. Calls to Rick Rogers, investment officer for the fund, were not returned by press time.
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…