New Mexico’s two large public retirement systems have already taken billion-dollar hits from a steep market downturn caused by actions taken in response to the coronavirus pandemic.

Borrowing costs could go up if state officials divert money to more urgent causes.

Renaissance Technologies’s James Simons, Citadel’s Ken Griffin, Points72′s Steven Cohen and Appaloosa Management’s David Tepper were among the biggest hedge fund earners in 2019 with each man raking in over $1 billion, according to Institutional Investor’s Rich List.

A recently created state police fund in the Midwest is searching for an interim executive director and will launch a cio search in the coming weeks.

TorQuest Partners today announced the final closing of TorQuest Partners Fund V, with $1.375 billion of committed capital.

Receiving strong support from new and existing investors, Fund IV will continue its strategy of partnering with proven management teams to identify attractive opportunities in midstream infrastructure.