Calif. County Eyes Albourne For Consulting Mandate

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.


In Depth

Change In 'Accredited Investor' Definition Could Hurt Crowdfunding Space

Jul 25 2014 | 8:14am ET

The Securities and Exchange Commission is considering changes to its 30-year-old...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note