Friday, 31 October 2014
Last updated 13 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.