Absolute Return

The $12 billion Sacramento County Employees’ Retirement System in California continues to add managers to its alternative asset portfolios with credit and infrastructure being the latest commitments.

The $41 billion Iowa Public Employees’ Retirement System (IPERS) in Des Moines approved seven hedge fund managers for its absolute return overlay program.

Man Group, the world’s largest publicly traded hedge fund firm, saw its assets swell to a record high of more than $151 billion in the first half of 2023, as it outflanked industry peers on performance and inflows and continued ...

The State of Michigan Retirement System selected funds across private equity, real estate and infrastructure, and absolute return strategies totaling $421 million in commitments in the first quarter.

Simplify Asset Management has unveiled a new multi-quantitative strategy ETF that will invest in a range of third-party systematic strategies trading equities, interest rates, commodities and currencies.

The $33.5 billion San Francisco Employees’ Retirement System (SFERS) has added another $360 million in alternative investment strategies including in credit and absolute return strategies earlier this year.

The New York State Common Retirement Fund committed roughly $2.8 billion across opportunistic absolute return, credit, real estate, real assets and private equity funds. The moves follow the $249 billion pension fund’s annual return report that showed a loss of ...

Britt Harris left his role as CEO of the University of Texas/Texas A&M Investment Management Company (UTIMCO) on June 30, and on July 5 was appointed acting CEO at the Texas Permanent School Fund Corporation.

Private Equity Paul Zuber joined Hg as operating partner, North American lead. Zuber, who served most recently as head of the Thoma Bravo technology group, brings 25 years of experience in launching and growing global tech enterprises. The move follows the ...

As Wasserstein Debt Opportunities (WDO) celebrates a decade in business, the New York-based leveraged loan and high-yield credit investment manager is aiming to capitalize on what it sees as a "home-run, high-alpha" opportunity stemming from pricing inefficiency across its target ...