Bill passes that allows NY-based public pensions to increase alternative investment allocations up to 35%

The New York General Assembly approved a bill on Tuesday that would allow the eight New York-based public pension funds [Read More]
To access this content, you must be a member. Visit the Plans page for details.

Tiger Global cuts management fees, creates side pockets for investors who want to redeem

Chase Coleman’s Tiger Global tanked another 14.2% in May, pushing year-to-date losses to -52%. According to an investor letter, the [Read More]
To access this content, you must be a member. Visit the Plans page for details.

State of Hawaii Employees’ Retirement System CIO Elizabeth Burton discusses hedge funds

Elizabeth Burton joined the State of Hawaii Employees’ Retirement System as chief investment officer in October 2018. She had previously [Read More]
To access this content, you must be a member. Visit the Plans page for details.

CQS shuts down Diversified Fund

Michael Hintze’s CQS, which manages about $20 billion in assets, is shutting down the CQS Diversified Fund. The fund’s assets [Read More]
To access this content, you must be a member. Visit the Plans page for details.

Sightings…

Trian Fund Management founder Nelson Peltz will be joining the board of Unilever as a non-executive director, effective July 20. [Read More]
To access this content, you must be a member. Visit the Plans page for details.