Friday, 12 February 2016
Last updated 21 min ago
Feb 25 2011 | 9:07am ET
The Orange County Employees Retirement System is on the lookout for a consultant or two to help out with its hedge fund and private equity investments.
The $8.7 billion plan this week issued a request for proposals for both a general investment consultant and specialist consultants for hedge fund, private equity, real estate and risk disciplines. The public pension said it could hire more than one consultant to handle the various jobs.
OCERS' current general consultant is Callan Associates, whose contract is up on May 2. Callan also handles real estate for the pension.
Interested firms should have at least $5 billion in pension fund assets under advisement and offer up a potential general consultant with at least five years' experience dealing with similar institutional investors.
Responses are due on April 1, with interviews to follow on July 18.