|
General Treasurer Gina M. Raimondo has taken more media shots for her choice to allocate 22 percent of the state’s pension funds to alternative investments, including hedge funds.
more
4/22/13
|
|
Many Rhode Island communities have fought the state’s Low and Moderate Income Housing Act for limiting their ability to stop development projects.
more
By Patrick Anderson |
|
Social Venture Partners of Rhode Island provided a $20,000 loan to Metryx LLC, “further strengthening the collaboration between these two organizations,” said SVPRI in a release.
more
By PBN Staff
|
|
Critics of the Rhode Island pension system’s growing investment in hedge funds warn that they’ve increased the state’s exposure to risk while subjecting it to the notoriously high fees charged by alternative-investment managers.
more
By Patrick Anderson |
|
NEW YORK – General Treasurer Gina M. Raimondo is taking heat from a new source for her efforts related to the state workers’ pension system, but the criticism is not coming from a local source. …
more
By PBN Staff
|
|
The advance that pushed the Standard & Poor’s 500 Index to a record left companies trading closer to analyst price estimates than any time in at least seven years.
more
By Whitney Kisling |
|
Royal Bank of Scotland Group Plc was sued by a group of 21 pension funds and investment firms claiming the lender misled them about its finances when selling new shares in 2008, months before a government bailout.
more
By Kit Chellel and Jeremy Hodges |
|
Federal Reserve Bank of Boston President Eric Rosengren said he wants to continue the central bank’s bond purchases through year’s end and raise or lower the pace in response to economic data.
more
By Steve Matthews and Michelle Jamrisko |
|
The private equity firms of Providence Equity Partners and Madison Dearborn Partners LLC will maintain a controlling stake in Chicago-based computer equipment maker CDW Corp. after a $500 million planned stock sale, reported Crain’s Chicago Business.
more
By PBN Staff
|
|
“Rhode Island is a very promising place to start a life sciences community,” Timothy Ehrlich, co-founder of the investment group Ocean State Angels, told a group of about 400 business, education and government leaders on March 12.
more
By Rhonda Miller |