Wednesday, 1 April 2015
Last updated 19 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).
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…