Next Saturday, June 25th, a number of New Orleans favorites will join forces at the NOLA Brewery for the second annual Notes for Hope benefit concert, with all proceeds from the event going towards the Music For The Mind campaign of the Brett Thomas Doussan Foundation. With live music from Honey Island Swamp Band, Darcy Malone & The Tangle, Motel Radio, and Amanda Ducorbier, this looks to be a great event for a great cause!From 3 PM to 10 PM, the benefit will take over the main room of the NOLA Brewery, with local craft beers, food, and art vendors serving up some local flavor. The whole event goes towards the wonderful Music For The Mind campaign, which spotlights musicians and features their stories relating to music’s impact on their mental health and wellness. The Campaign has received support from legendary artists such as George Porter Jr., PJ Morton of Maroon 5, Papa Mali, and Big Sam’s Funky Nation, in addition to all of the musicians performing at Notes of Hope!“We hope you too will consider joining our efforts in fostering mental health awareness through musical culture in the city of New Orleans by joining us on June 25th,” says the foundation’s Vice President Ashlyn Blanchard in a statement. To purchase Notes for Hope tickets and to learn more about the Music for the Mind Campaign, visit the Brett Thomas Doussan Foundation website.
September 29, 2020
Although the parameters are flexible, the authority said the mandate was broadly expected to be between £100m and £150m, but that this amount could increase if more took part.It said it was looking for a segregated mandate and would not consider pooled funds.The mandate will target an annual absolute return of 10-15% net of fees with minimal or no use of leverage, by investing in a number of higher-yielding debt markets.These markets include direct corporate lending, mezzanine debt, leveraged senior secured loans, high-yield debt, structured debt and distressed/stressed debt, it said.Other types of debt included are real estate debt and trade finance.The proposed portfolio is to have a 5% running yield, the LPFA said, as it expects income to be paid in the near future.All currency exposure must be hedged back to sterling.Derivatives can be used in a limited way to give some downside protection by hedging credit risk.The deadline for requests for documents is 16 October at 10am, with the deadline for receipt of tenders or requests to participate coming shortly after that at noon. The London Pensions Fund Authority (LPFA), which runs a £4.8bn (€6bn) pension fund within the Local Government Pension Scheme (LGPS) for workers in the UK capital, is looking for six alternative credit managers.The LPFA is aiming to set up a four-year framework agreement with as many as six managers to provide £100m or more of investment in illiquid and liquid higher-yielding debt.The pension fund’s committee has agreed to consider investing in a segregated alternative credit mandate to invest in these markets.Once set up, the framework agreement will be open to other eligible local authorities and LGPS funds.