Thursday, 30 July 2015
Last updated 28 min 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).
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…