Monday, 30 November 2015
Last updated 2 days ago
Feb 1 2007 | 12:50pm ET
The Iowa Public Employees’ Retirement System is seeking global multi-strategy, multi-asset class portable alpha managers for a $400 million mandate.
The pension plan issued a request for proposals today, saying it “seeks proposals from managers that can provide investment management services for an active global multi-strategy, multi-asset class product that will be utilized to provide the ‘alpha’ in a portable alpha strategy.”
IPERS said it expects to hire two managers for the mandate. Interested parties are required to be registered with the Securities and Exchange Commission and must have at least $2 billion in assets under management and a five-year track record. The pension plan said it would not consider fund of funds or manager of managers approaches.
Proposals are due March 1. The RFP can be found on the Web site of IPERS’ investment consultant, Wilshire Associates.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…