Sunday, 29 March 2015
Last updated 1 day ago
Dec 7 2006 | 4:30pm ET
Wilshire Funds Management, which provides more than $15 billion in traditional and alternative multi-manager investment solutions to institutional clients, and Fairfield Greenwich Group, a more than $10 billion global hedge fund and funds of hedge funds firm, have formed a strategic relationship to provide turnkey portable alpha solutions to institutional investors.
Fairfield and Wilshire will work together to create customizable investment strategies for institutional clients that combine alpha and beta in one turnkey portable alpha solution, according to a statement from both firms. Fairfield will provide institutional quality alpha solutions while Wilshire will act as the beta manager.
“We are very excited to have FGG as a partner in the portable alpha space,” said Lawrence Davanzo, senior managing director and head of Wilshire Funds Management.
Jeffrey Tucker, one of Fairfield’s founding partners, said, “We are confident that this is an extremely attractive portable alpha program, one which we believe offers a very seamless, efficient, and powerful investment strategy.”
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…