Saturday, 28 November 2015
Last updated 15 hours ago
Nov 8 2010 | 6:59am ET
The Employees Retirement System of Texas is searching for a hedge fund consultant to help implement the pension plan’s absolute return program.
The $22 billion ERS on Friday announced its request for proposals for a consultant, which will be tasked with overseeing “program development, customized portfolio construction, ongoing risk management and reporting, identification of investment opportunities, screening and partnership due diligence, and general assistance related to the program.”
To quality for the mandate, firms must be registered investment advisors, have a minimum five-year history of providing hedge fund advisory services to clients of similar asset size to ERS, demonstrate continuity of key personnel, have large public fund experience, and offer a reasonable fee schedule.
Proposals are due Nov. 30.. The RFP can be viewed here (PDF).
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…