Nov 16 2006 | 9:54am ET
The Indiana State Teachers Retirement System is planning a major increase in its allocation to alternative investments, including private equity, absolute return funds and real estate.
The $4.8 billion pension plan plans to double its private equity allocation to 10%, chief investment officer Bob Newland said. ISTRS has retained Callan Associates as a consultant; interested parties should contact Gary Robertson at Callan’s San Francisco office for the request for proposals. Newland would not rule out simply turning the new mandate over to Darien, Conn.-based Portfolio Advisors, which runs ISTRS’ current p.e. portfolio.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…