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Hedge fund assets expected to top $3 trillion this year — Deutsche survey
trueThe global hedge fund industry has more than doubled since the financial crisis, to more than $2.8 trillion in assets worldwide, thanks to huge flows of institutional capital, investment returns and flexible business models, said a new report from Deutsche Bank’s hedge fund capital group.
New Mexico Educational chooses Top Tier as private equity consultant
trueNew Mexico Educational Retirement Board hired Top Tier Capital Partners as its private equity consultant.
Texas County & District allocates $300 million to 2 managers
trueTexas County & District Retirement System committed or invested $300 million total to two managers in February.
Newport, R.I., seeks private equity, real estate managers
trueNewport, R.I., is searching for a private equity fund-of-funds manager and a core-plus/value-added real estate manager to each run a total of $7 million for its pension fund.
South Korea's NPS sets initial 0.5% hedge fund-of-funds allocation
trueSouth Korea's National Pension Service will make its first allocations to hedge funds starting at the end of this year, said a spokeswoman for the 469 trillion won ($426 billion) Seoul-based pension fund.
AMP Capital named adviser to Mitsubishi UFJ clean-energy investment fund
trueMitsubishi UFJ Trust and Banking Corp. hired AMP Capital as adviser to GII Ltd., a Tokyo-based special purpose vehicle set up to make investments in renewable energy assets in Japan.
Chicago Teachers pension fund wants information on emerging private equity managers
trueChicago Public School Teachers’ Pension & Retirement Fund issued an RFI for private equity managers owned by minorities, women or people with disabilities.
Angolan sovereign wealth fund seeks mine, timber investments
trueAngola's $5 billion sovereign wealth fund, Fundo Soberano de Angola, is seeking investments in mining, timber, health and agriculture in order to diversify its asset base and increase returns.
BlackRock hires head of EMEA hedge fund strategies
trueLuke Dixon joined BlackRock as head of Europe, Middle East and Africa hedge fund investment strategies.
Investors say performance tops the list of issues facing hedge funds
trueFor the second straight year, performance was cited by institutional investors as the No. 1 issue facing hedge funds in the coming year. One-third of respondents indicated so, followed by fees (21%), transparency (9%), correlation (8%) and regulation (6%).
Ohio Police & Fire earmarks $70 million for Blackstone real estate fund
trueOhio Police & Fire Pension Fund committed up to $70 million to Blackstone Real Estate Partners VIII, managed by Blackstone Group.
San Antonio Fire & Police looking for international private equity fund
trueSan Antonio Fire & Police Pension Fund is searching for a firm to run an international private equity strategy.
Hamden Employees seeks small-cap, large-cap and real estate managers
trueHamden (Conn.) Employees’ Retirement Plan is searching for a domestic small-cap core equity manager to run about $8 million, and domestic large-cap core equity and core or core-plus real estate managers to each run about $16 million.
Rhode Island commits $15 million to venture capital fund of funds
trueRhode Island State Investment Commission committed up to $15 million to Industry Ventures Partnership Holdings III-C, a sidecar fund.
Blue Sky Alternative Investments taps new leader for its hedge fund business
trueNeil Power joined Blue Sky Alternative Investments in Sydney as managing director of the firm's hedge fund division.