Tuesday, 30 June 2015
Last updated 4 hours ago
Jun 29 2011 | 4:06am ET
The Los Angeles County Employees' Retirement System has named Grosvenor Capital Management its first fund of hedge funds manager.
Grosvenor will manage a $250 million customized fund of funds portfolio for the $38.9 billion public pension plan, Pensions & Investments reports. The decision came at LACERA's June 8 meeting.
LACERA issued a request for information from fund of funds managers in January.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…