Monday, 6 July 2015
Last updated 5 hours ago
Apr 26 2012 | 2:29am ET
Albourne Partners will get its chance to win over a southern California pension fund next month.
The $2.8 billion Kern County Employees' Retirement Association will interview the firm on May 16. If Albourne makes the grade, it could become the public pension's first hedge fund consultant.
The lack of one has not kept Kern from investing in the space; the system has $286 million invested in funds of hedge funds. But the pension is mulling a move to direct hedge fund investments, a process that Albourne or whoever else wins the consultancy mandate will assist with.
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…