L.A. County To Seek Fund Of Hedge Funds

Oct 15 2010 | 12:36pm ET

The Los Angeles County Employees’ Retirement Association is readying a search for its first fund of hedge funds manager.

The $35 billion public pension will issue a request for information within the next several months, Pensions & Investments reports. The plan’s board is still working on the minimum qualifications for the mandate, which will be for between $300 million and $350 million.

Lisa Mazzocco, LACERA’s chief investment officer, said the pension would fund the new fund of funds allocation from its equities portfolio.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note