Tuesday, 1 December 2015
Last updated 9 hours ago
Aug 26 2009 | 1:32pm ET
A Perella Weinberg Partners hedge fund has won a $30 million mandate from the San Diego County Employees Retirement Association.
The $3.6 billion pension picked Perella Weinberg’s Asset-Based Value Opportunity Fund, Pensions & Investments reports.
SDCERA is also looking to outsource its chief investment officer post. The pension is negotiating a contract with a firm that it declined to identify. SDCERA’s last CIO, David Deutsch, resigned in March.
Deutsch had been a champion of hedge fund investing since joining SDCERA in 2004. But he quit after the arrest of the principals of WG Trading Co. in February; the pension had $78 million invested in the Connecticut hedge fund.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…