Other Investments (Tables)

12 Months Ended

Dec. 31, 2011

Other Investments

Summary of investments by fund type

	December 31,
(in thousands) Fund Type	2011		2010
Private equity and venture capital	$	23,093	$	21,408
Real estate		10,457		10,053
Hedge		2,883		2,953
Other		3,486		3,040
Total	$	39,919	$	37,454

Schedule of private equity and alternative investments nonrecurring measurement

Alternative Investments Measured at Fair Value on a Nonrecurring Basis

(in thousands) Fund Type	Fair Value		Unfunded Commitments		Redemption Frequency	Redemption Notice Period
Private equity and venture capital (2)	$	175	$	—	None (1)	N/A
Real estate (3)		6,383		1,407	None (1)	N/A
Total	$	6,558	$	1,407

(1)

Funds make periodic distributions of income but do not permit redemptions prior to the end of the investment term.

(2)

Funds invest in securities and other instruments of public and private companies, including corporations, partnerships, limited liability companies and joint ventures.

(3)

Funds invest in commercial, industrial and retail projects and select multi-family housing opportunities which are part of mixed use projects in low and moderate income neighborhoods.