Tag Archives: pension-fund
Move over CalPERS, here comes CalSTRS!
New York (HedgeCo.net) – When the California Public Employees’ Retirement System (CalPERS) announced earlier this year that they were leaving the hedge fund space, it was major news in the financial world. While CalPERS stated that the move had little to do […]
Dutch pension funds criticise EU hedge fund rules
Reuters UK – The Dutch pension fund sector has joined criticism of a European Union regulatory directive for hedge funds and private equity, saying the new rules may cut investment opportunities and raise costs. The EU’s draft “Alternative Investment Fund […]
Hedge funds fuel return of confidence
The Australian – Global hedge funds made an estimated 9.73 per cent in returns for the year to June 24, according to figures published by data provider Hedge Fund Research. Individual managers, including Britain’s Henderson Global Investors, have seen funds […]
Hamilton Lane to manage $250m growth capital fund of funds for Florida
AltAssets – Florida’s State Board of Administration has launched a $250m growth capital fund of funds that will invest in technology and growth-related businesses with a presence in the US state. The Florida Growth Fund, to be managed by private […]
Ex-Insight managers launch multi-asset firm
MONACO (Reuters) – Former Insight Investment fund managers Patrick Armstrong and Ana Cukic-Armstrong have launched a new fund management business that will invest in a broad range of assets and seek to beat inflation. The firm, Armstrong Investment Managers, will […]
NY pension clips fund of funds stakes to $500 mln
Reuters – New York state’s pension fund has cut its so-called fund of funds investments to about $500 million from $5 billion since January 2008, after deciding direct investments were preferable, a spokesman said Tuesday. Fund of funds invest money […]
New York cutting firms tied to pension flap from doing business with fund
New York Daily News – State Controller Thomas DiNapoli is booting 10 hedge fund managers from doing business with New York’s scandal-scarred $122 billion pension fund, the Daily News has learned. Four of the 10 firms were listed, but not […]
California Investment Agent Pleads Guilty in NY Probe
American Chronicle – A Los Angeles businessman has pleaded guilty to corruption charges in a pension fund scandal that began in New York and is heading west. Julio Ramirez Jr.’s guilty plea to securities fraud, revealed Tuesday in New York, […]
NY fund makeover sneaks under radar
Pensions & Investments – While every move of the New York State Common Retirement Fund is in the spotlight these days, what the bright lights don’t reveal are the dramatic improvements in the fund during the past two years. An […]
Billion pound council pension fund in hedge bet
Reuters – Berkshire County Council’s 1.05 billion pound pension fund has made a decisive move into hedge funds as part of a new 17.5 percent allocation of assets to alternative investments. The scheme has decided to allocate 7.5 percent to […]
Are Pension Funds the New Venture Capitalists?
Seeking Alpha – According to "Calpers Weighs Expanding Own Hedge-Fund Investments" by Jenny Strasburg and Craig Karmin (Wall Street Journal, April 16, 2009), the giant California pension fund may be the first stop for fledgling hedge fund managers who seek […]
