Tag Archives: pension-fund
CalPERS tightening its control over hedge funds
Pensions & Investments – CalPERS is boldly going where no pension fund has gone before with hedge funds. The $175 billion California Public Employees’ Retirement System, Sacramento, will be the first pension fund to move its $4.6 billion portfolio of […]
Top UK fund may invest up to 20 pct in alternatives
Reuters – The UK’s largest pension scheme, the BT Pension Scheme (BTPS) could invest up to 20 percent of its assets in alternative asset classes including hedge funds, a senior executive in charge of its investments said. Frank Naylor, head […]
US Town Claws Back £17m Of Madoff Assets
Sky News – A US town has edged closer towards clawing back its losses to Wall Street swindler Bernard Madoff, securing a court order for £17m in assets. The town of Fairfield in Connecticut suffered losses of about £28m from […]
New York, SEC investigates Carlyle Group
SmartBrief – Carlyle Group is being investigated by New York prosecutors and the Securities and Exchange Commission for allegations that it made improper payments to get investments from the state’s pension fund. The payments allegedly were made to intermediaries and […]
NY State Pension Fund Linked to Millions in Kickbacks from Private Equity, Hedge Funds
New York (HedgeCo.Net) – Two high-ranking men who worked in the New York State comptroller’s office were arrested yesterday after it was discovered they took millions of dollars in kickbacks from private equity and hedge funds, said Attorney General Andrew […]
UK Pension Fund Takes a Chance on Hedge Funds
New York (HedgeCo.Net) – Although confidence in the hedge fund industry has taken a hit, a large and notable UK pension fund has begun to place their trust into alternative investments. The West Midlands Local Authority Pension Fund, which manages […]
Major pension scheme sticks by hedge fund move
Reuters – The nation’s second-largest pension fund, the Universities Superannuation Scheme (USS), said it was sticking by a medium-term plan to double exposure to alternative assets such as hedge funds and private equity. The 23 billion pound pension scheme confirmed […]
Major pension scheme sticks by hedge fund move
Reuters UK – The nation’s second-largest pension fund, the Universities Superannuation Scheme (USS), said it was sticking by a medium-term plan to double exposure to alternative assets such as hedge funds and private equity. The 23 billion pound pension scheme […]
Major UK pension scheme sticks by hedge fund move
Forbes – Britain’s second-largest pension fund, the Universities Superannuation Scheme (USS), said it was sticking by a medium-term plan to double exposure to alternative assets such as hedge funds and private equity. The 23 billion pound ($32.79 billion) pension scheme […]
December investor survey finds managment fees too high
West Palm Beach (HedgeCo.net) – When surveyed about what they think about fee levels and value for money offered by investment managers, investors believe that managment fees are too high. Two surveys were conducted by bfinance in December, questioning institutional […]
ACF, Bank of America Sue Hedge Fund Steel Partners
CNNMoney.com – ACF Industries and Bank of America Corp. (BAC) are suing hedge fund Steel Partners, accusing the fund of fraud by failing to tell investors of plans to go public, Reuters reported Wednesday. Reuters says ACF, which court documents […]
Hedge Funds County Once Championed Now Prove Too Risky
Voiceof San Diego – San Diego County’s pension fund is slashing its $1 billion hedge-fund portfolio and acknowledging that the investments it once championed have become too risky and no longer make sense. The board of the San Diego County […]
