News sponsored by Shoreline Trading Group

Searches and Mandates

Court Says N.J. Can Invest In Alternatives

New Jersey will be able to invest some pension money in alternative investments, after a court rejected a union bid to keep the money out of them.


MassPRIM Hires Three Portable Alpha Managers

The Massachusetts Pension Reserves Investment Management Board has made $540 million in allocations to three portable alpha fund of hedge funds managers as part of a strategic shift.


Fresno Boosts Hedge Fund, Private Equity Commitments

Big changes are underway for the Fresno County (Calif.) Employees Retirement Association.


Montana Issues Fund Of Funds RFP

The $13 billion Montana Board of Investments has issued a request for proposal for fund of hedge funds managers through separately-managed accounts or commingled fund of funds.


NY Makes Hedge Fund, Private Equity Commitments

Just days after calling for more exposure to alternatives, New York State Comptroller Thomas DiNaPoli is forging ahead with new commitments to a pair of hedge funds and a private equity vehicle.


Illinois Ramps Up 130/30 Portfolio

The $38.4 billion Teachers’ Retirement System of the State of Illinois is boosting its 130/30 portfolio by increasing its commitments to a pair of existing managers.


DiNapoli Calls For More Alts. In N.Y. Pension Fund

The $153.9 billion New York State Common Retirement Fund posted a 2.56% return for the 2007-2008 fiscal year, but it could’ve done better if not for the fund’s constraint on alternative investments.


New Mexico Boosts Private Equity, Exits Pendragon Fund

The $13 billion State of New Mexico Public Employees Retirement Association is upping its commitments to private equity funds while it bids farewell to one hedge fund manager.


Global Macro Woes Send Pensions Packing From Goldman

Goldman Sachs’ hedge funds have taken a beating, and it has not gone unnoticed among pension fund clients.


Alaska Allocates $400M To ‘Fund Of One’

The $37 billion Alaska Permanent Fund Corp.’s board of trustees has approved a $400 million allocation to private equity gatekeeper Pathway Capital Management.


Syndicate content