L.A. Pension Issues Fund Of Funds RFI

Jan 14 2011 | 11:35am ET

The Los Angeles County Retirement Association is dipping its toes into the fund of hedge funds space. The $36 billion public pension has issued a request for information from funds of hedge funds.

LACERA said it plans to allocate $250 million to funds of funds after taking a hard look at several managers offering customized portfolios. The plan set minimum requirements of $5 billion in assets under management, more than $3 billion from institutional clients and more than $1 billion in customized portfolios. Interested managers should also have at least seven years' experience.

The deadline for responses is Jan. 21. The RFI is available on the system's Web site.


In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...

 

FINalternatives Trending

From the current issue of