Monday, 30 May 2016
Last updated 2 days ago
Jun 22 2011 | 10:11am ET
The Orange County Retirement System must be pleased with the results of its investments with BlackRock Alternative Advisors: the $8.7 billion retirement system has placed another $10 million with the firm, reports HFMWeek.
Citing Ocers’ most recent financial statement, HFMWeek says the move brings the system’s total allocation to BlackRock to about $191 million and follows another $10 million allocation in March.
Ocers is currently conducting two hedge fund searches, seeking to place about $150 million with a fund of funds manager and another $150 million with separate account absolute return managers.