News

Oaktree to receive $350m extra from San Diego pension for revised fees

SDCERA approves proposal which could see pension double allocation under new structure


Ex-BlueBay accounting pro joins UK consultant Redington

Neil Kimberley to help build ‘finance function’; according to his LinkedIn

Investcorp poaches Calpers veteran

Nelson Ramos joins as co-portfolio manager of alternative risk premia



UK LGPS will be ‘forced to reassess’ HF allocations amid re-classification

Schemes warn FCA’s Mifid II gold plating could cost UK managers billions in allocations


Brummer multi-strat drops 1.3% in 2016

Returns pulled down by Florin Court, Talarium; new addition Arete returns 8%


Allocators make ‘worst’ decisions on record, pull $100bn from HFs

But sector AuM remains above $3trn, eVestment finds


UK pension ‘lifeboat’ pulls BlueBay, ICG

PPF reveals changes to manager roster


Massachusetts water authority pension cuts Permal fund

More portfolio changes on horizon for $462m institution, executive director tells HFM IR


Chicago LABF issues credit FoHF RFP

$1.2bn pension will only consider $1bn-plus firms for $10m ticket, search documents show


SFERS could approve first direct HF allocations this quarter

$21bn San Francisco pension completes $500m funding of customised Blackstone FoHF, investment update reveals


North Carolina deputy treasurer joins alts forum

Melissa Waller appointed president of newly formed AIF Institute


Investors allocate 22% less to private debt in 2016

Commitments on par with 2013 and 2014 levels, according to Preqin


Kerrisdale Capital co-marketing head joins Apis Capital

Will Dombrowski leaves in wake of founder Sahm Adrangi’s arrest



Passport, BlueBay and Oaktree among HFs facing $400m Cali redemptions

San Bernardino County Employees’ Retirement Association to discuss five manager terminations next week


Jacksonville Police & Fire shakes up fixed income bucket

$1.7bn scheme invests nearly $160m in Neuberger Berman long/short fund, makes Northern Trust and Eaton Vance redemptions


Warning Mifid II will hit UK pension HF investments

Re-categorisation of schemes could see costs become unsustainable 


Texas County tops up Sound Point by $50m

Additional investment with credit manager follows $150m commitment by $26bn pension in November 2016


Brigade Capital secures $200m Illinois ticket

New York firm beats Beach Point in pitch for high-yield debt mandate