New Mexico Picks Crestline, Issues Fund Of Funds RFP

Aug 13 2010 | 10:30am ET

Crestline Investors has been handed a fund of hedge funds mandate by the New Mexico State Investment Council, which also plans to hire another fund of funds.

Crestline will manage $80 million for the system. The firm replaces TAG Associates’ Vintage Classics, which the New Mexico fund fired in April due to poor performance, Pensions & Investments reports.

New Mexico will hire another fund of funds, which will manage $150 million, by the end of September. A request for proposals has been issued.


In Depth

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of