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

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...