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texas Ers To Target Europe As It Ramps Up Infrastructure Exposure | News | Ipe Ra
Pavilion says pension fund should invest $2bn over the next five years. : Employees Retirement System of Texas (ERS) will have to invest over $2bn (€1.6bn) in infrastructure over the next five years to enable it to achieve its target allocation for the asset class. According to a board meeting report, the pension fund’s consultant Pavilion Alternatives Group said it will need to invest $470m annually to reach its 7% target by 2023. The $28.5bn pension fund had $863m invested ... Full investment news article
Relevent to this post: Maryland-National Capital Park and Planning Commission Employees' Retirement System
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Martin Shkreli’s Journey From Pharma Exec To Inmate No. 87850-053
Martin Shkreli burst on the scene as an enfant terrible, a securities savant who was working on Wall Street at 17, set up his own hedge fund at 23, and launched the biotech company Retrophin Inc. after teaching himself biology. Some may remember him as the trader who shorted drug companies after... Full investment news article