Sunday, 19 April 2015
Last updated 12 hours ago
Jan 13 2006 | 8:21pm ET
The Brockton (Mass.) Retirement System is considering investing in hedge funds after a pension obligation bond issued in 2005 pushed the fund over the $250 million-mark, the minimum amount needed for Massachusetts public pension funds to be allowed to invest in hedge funds.
Harold Hanna, executive director of the $280 million plan, said the plan is reviewing its asset allocations and evaluating its liabilities before deciding whether to entertain hedge funds, which he thinks would "spice up" the plan's portfolio. The review is expected to take six to eight months. Evaluation Associates will assist with the reviews.
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…