The Headstart Fund of Funds successfully navigated last year's volatile markets and recorded a third consecutive year of double-digit positive performance in the process with a 20.67% return.
BlackRock has reported a year-on-year AUM decline of 14.41% at the end of the final quarter of 2022 to $8.59 trillion from AUM of $10.01 trillion in the same period of the previous year, according to a report by Pensions & Investments Online.
Digital asset investment products saw minor inflows totalling $9.2 million last week, while trading volumes remained low at $866 million for the week, both suggesting that the recent rally in digital assets was not investment product led.
Sacramento County Employees' Retirement System has made a new direct hedge fund investment allocation of $50 million to the Tudor BVI Global Fund, a global macro fund managed by Paul Tudor Jones' Tudor Investment Corp, according to a report by Pension & Investments Online.
California Public Employees' Retirement System, the largest public pension fund in the US, may start investing in hedge funds again nearly nine years after its high-profile exit from the asset class.
New York State and New York City pensions funds can now increase the allocations they make to alternative investments asset classes including hedge and private equity funds following the signing of a new bill by Governor Kathy Hochul, according to a report by Bloomerg.
The Oregon Public Employees Retirement System has committed a total of around $1.6 billion to 11 alternative investment funds, including hedge funds, according to a report by Pensions & Investments Online.
The Coral Gables Retirement System has made an allocation of $5 million to a credit hedge fund, the Serenitas Credit Gamma Fund, according to a report by Pensions & Investments Online.
The Detroit Policemen & Firemen Retirement System has decided to exit its hedge fund investments according to a report by Pensions & Investments Online.
Twenty20 Capital, one of Europe's largest specialist investment firms and focused on the human capital services sector, is gearing up for further investment in MP Alpha Capital's post-pandemic hedge fund after exceeding expectations in its first year of trading.