Friday, 26 December 2014
Last updated 2 days ago
May 1 2007 | 12:17pm ET
Two firms vying for the $162 billion California State Teachers' Retirement System’s alternatives investment consulting services contract have made it into the final round. The system will interview finalists Ennis Knupp and Pension Consulting Alliance at its May 3 meeting, according to an internal investment memo.
CalSTRS issued a request for proposals on Feb. 23 and received six bids by the final filing date, March 30. Five of the six proposals passed the preliminary review for compliance with minimum qualifications and requirements and proceeded to the evaluation phase of the process. “After accumulating all the scoring, two firms stood clearly at the top,” according to the memo. “There was a clear distance between these two leaders and third place, enough that only two were invited to make final presentations.”
CalSTRS’ current contract for alternative consulting services with McKinsey and Company expires on June 30, 2007.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.