Pennsylvania Seeks Private Equity Consultants

Mar 27 2007 | 11:43am ET

The $32 billion Pennsylvania State Employees' Retirement System today issued a request for proposal for alternative investment consultants. 

SERS’ alternative investment program consists of limited partnership interests in private equity investments such as leveraged buyouts, venture capital, distressed, fund-of-funds and secondary investments.

SERS’ current alternative investment allocation is 13.2% with a target allocation of 14%, and its current alternative investment contract with Cambridge Associates will expire on April 30, 2008.

The RFP is available for review and download from the Pennsylvania Department of General Services Web site. The deadline for The RFP is May 4. 

In Depth

Q&A: Biotech Investing with Crossover Fund RA Capital

Sep 15 2015 | 5:40pm ET

Boston-based RA Capital Management is an intriguing mix of sophisticated life sciences...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note

Upcoming Events