News

Connecticut pensions see 8.5% hedge fund return; Asset-liability study this summer

The Connecticut Retirement Plans and Trust Funds earn mid-teens returns, beating their benchmarks


Grosvenor, EACM and Private Advisors join second-round nominees for HFM InvestHedge Awards

Group of the Year nominees also announced for 28 September HFMInvestHedge Awards for Performance Excellence

Man FRM launches crisis risk offset vehicle

FoHF launch comes amid growing institutional appetite in space



Beach Point gets $200m Texas County credit mandate

The allocation is Austin-based pension’s only opportunistic credit allocation so far in 2017


Illinois state board to scrap hedge fund asset class

ISBI to maintain some exposure by bucketing managers based on underlying assets


BlueMountain taps Paulson HNWI pro for new platform role

Claudio Macchetto to lead marketing and distribution to wealth management and private bank channels


Sail Advisors shuts NY office amid family office move

Hong Kong FoHF returning external money amid operational and regulatory pressures


OCIO firm Verger adds two to client development team

Patrick Decker and Wesley Carroccio bring experience from worlds of OCIO and foundations


BlackRock, Deutsche execs to lead Brunel local authority pool

$35.9bn BPP formally launches; expects alts transition to start in Q3 2018


Texas Teachers’ Dale West, Corbin Partners’ McHale Stuart among Hall of Fame honourees

Five inductees to be welcomed at annual HFMInvest Hedge awards this year


Chinese insurer Ping An appoints global head of hedge funds

The $854bn insurance conglomerate hasn’t traditionally been a hedge fund investor


Hedge fund director leaves NY State Common Retirement Fund

Tyson Pratcher had been involved in New York pension investing for over 12 years


Colorado Pera tops up credit mandate with $50m

Pension makes second allocation to TPG Capital fund



Investor relations co-head leaves Capula

Thorkild Juncker’s duties have been assumed by other members of the firm’s investor relations team


Spruce teaming up with Soros alum to source mid-sized managers

FoHF is partnering with Old Farm Partners to source emerging managers


Commonfund survey: foundations and endowments see positive alts gains

Annual research shows bounce back during past fiscal year compared to a tougher 2015


Altegris hires new marketing director and head of strategy

Leah Curtis and Preeti Malik join California firm alongside Salient COO Robert Naka


Fort Worth pension eyeing ‘1 or 30’ fee structure

$2.1bn pension in discussions to top up Carlson Capital investment to qualify for share class