Alternatives

Holyoke (Mass.) Retirement System issued an RFP for a private equity firm to manage $8 million to $12 million.

Illinois State Universities Retirement System issued an RFP for general investment and real estate consulting services for its $14.9 billion defined benefit plan and $1.2 billion 401(a) plan.

Index data released Wednesday show managed futures funds rose 3.5% during the month - the most of any substrategy in the Dow Jones Credit Suisse Hedge Fund index. Year to date, managed futures funds are up 7.29%, 87 basis points higher than long/short equity funds and 107 basis points higher than

Seattle City Employees' Retirement System hired AEW Capital Management and Heitman to manage core real estate strategies,

Florida State Board of Administration rehired Townsend Group as consultant for real estate and real estate strategic investments consultant services.

Richard Griffith III joined PENN Capital Management Co.'s investor relations team, with primary responsibility for marketing the firm's alternative investment approaches.

Global institutional investment in hedge funds is predicted to increase 56% to $2.3 trillion by year-end 2017 from the end of 2012.

John McCarthy was named global head of infrastructure at the Abu Dhabi Investment Authority.

Succession planning is a key element of an investor's due diligence process and, while it has always been important, it has become increasingly more so in recent years as more industry leaders near retirement age.

Level Global Investors co-founder and portfolio manager Anthony Chiasson was sentenced Monday by U.S. District Judge Richard Sullivan in New York to serve 78 months in prison and to pay a $5 million fine.

Milwaukee City Employes' Retirement System committed $35 million to Abbott Private Equity Partnership AP 2013 fund, managed by Abbott Capital Management.

Energy Future Holdings Corp., the company formerly known as TXU Corp., is morphing from the largest LBO ever to what could be an enormous distressed debt buying opportunity.