Tuesday, 4 August 2015
Last updated 5 min ago
Nov 24 2009 | 9:53am ET
The Teacher Retirement System of Texas has awarded a pair of Asian private equity firms with mandates worth $200 million.
The $83 billion pension fund has hired Squadron Capital and Morgan Creek Capital Management. Each will invest $100 million in emerging Asia p.e. funds as the teachers seek to capitalize on the region’s fast rebound from the recession.
The Texas pension has also started a fund of its own in another hot area for investment: gold. The fund has launched a $250 million vehicle that invests in precious-metal miners and exchange-traded funds, it said.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…