Sunday, 3 May 2015
Last updated 2 days ago
Dec 2 2008 | 1:15pm ET
The $153.9 billion New York State Common Retirement Fund committed a total of $210 million to a trio of private equity firms in September.
According to an internal memo, the fund allocated $100 million to Ares Corporate Opportunities Fund III, $50 million to Asia Alternatives Capital Partners II, a women-owned Asian buyout fund; and $60 million to GenNx360 Capital Partners, an African American-owned buyout firm and a new relationship for the fund.
The fund did not make any commitments to hedge funds in September, which turned out to be a horrible month for the industry. CRF senior ivnestment officer Peter Carey said that the fund is going to cut its fund of funds allocation from 23% to 10% by the end of the year, while increasing its allocation to hedge funds to 45%.
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…