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Timberland gains 1.47% in Q3
trueTimberland returned 1.47% in the third quarter of 2014, made up of 0.73% income return and a 0.74% appreciation return.
Chicago Policemen's pension fund to launch hedge fund-of-funds search
trueThe $4 billion Chicago Policemen’s Annuity & Benefit Fund will issue a search for a multistrategy hedge funds-of-funds manager.
Oklahoma State Regents approves 2 alternatives commitments
trueOklahoma State Regents for Higher Education approved a total of $14 million in alternatives commitments.
PennSERS moving $200 million to real estate, private equity funds
truePennsylvania State Employees’ Retirement System committed up to $200 million to four alternatives funds.
Two Sigma gathers $3.3 billion for model-driven macro fund
trueTwo Sigma raised $3.3 billion for a macro hedge fund in one the largest new pools of such capital raised since the 2008 financial crisis.
Oaktree Capital posts 2.3% AUM gain in quarter
trueOaktree Capital Group’s assets under management rose to $93.2 billion for the quarter ended Sept. 30, up 2.3% from the second quarter of 2014 and up 16.8% from Sept. 30, 2013, said Oaktree’s quarterly report released Thursday.
Essex County Council taps Alcentra for illiquid debt strategy
trueEssex County Council Pension Fund, Chelmsford, England, hired Alcentra to manage a long-only, multi-illiquid debt portfolio.
University of Vermont commits $10 million to Asia private equity fund of funds
trueUniversity of Vermont committed $10 million to Asia Alternatives Capital Partners IV, a private equity fund of funds.
Rockefeller Group taking majority stake in TA Realty
trueReal estate firm The Rockefeller Group is acquiring a majority interest in real estate money manager TA Realty.
Apollo Global assets up 45.4% for year; income drops significantly
trueApollo Global Management reported assets under management of $163.9 billion as of Sept. 30, up 45.4% from a year earlier. The increase was attributed to the growth in Apollo's credit and private equity business.
Fortress Investment sees 14% rise in AUM for year ended Sept. 30
trueFortress Investment Group's assets under management rose to $66 billion as of Sept. 30, up 3.4% from three months earlier and up 14% from a year earlier.
Ohio Police & Fire earmarks $230 million for 4 funds
trueOhio Police & Fire Pension Fund made four new commitments totaling up to $230 million.
Carlyle AUM dips in quarter, but up 10% for 12 months
trueThe Carlyle Group's assets under management totaled $202.6 billion as of Sept. 30, down 0.5% from three months earlier but up 10% from a year earlier, said the alternative investment firm's third-quarter earnings report released Wednesday.
LACERS taps CoreCommodity for $135 million allocation
trueLos Angeles City Employees' Retirement System hired CoreCommodity Management to run about $135 million in an active long-only commodities mandate.
NYSTRS real estate returns as of June 30
trueThe New York State Teachers’ Retirement System’s real estate investment portfolio returned 12.1% for the year ended June 30. According to the fund's latest investment committee report, the portfolio has returned 8.5% annually over the past 10 years and 9.6% since inception.