Tag Archives: pension-assets
Chief investment officer for pension fund resigns
San Diego Union Tribune – The county pension board’s chief investment officer has resigned a week after a second hedge fund collapse in which employee retirement investments could lose as much as $78 million. David Deutsch, who held the job […]
Treasury Select Committee MPs accuse funds of cashing in on misery
Times Online – The Massachusetts Pension Reserves Investment Management Board, which oversees $38 billion, voted to fire hedge-fund firm Austin Capital Management after losing $12 million with alleged Ponzi scheme operator Bernard Madoff. The state pension board also decided at […]
Nappier Eyes Hedge Fund Bets
Hartford Business – State Treasurer Denise L. Nappier said she plans to approve rule changes by January allowing her to allocate up to 8 percent of the state’s $20 billion pension fund in nontraditional investments such as hedge funds. The […]
The Who’s Who of Hedge Funds Defend Their Industry
New York (HedgeCo.Net) – Five billionaire hedge fund managers stood up before Congress yesterday and shared their differing views on the hedge fund industry. George Soros, Philip Falcone, John Paulson, James Simons and Ken Griffin all took turns defending hedge […]
