Arkansas Nears 'Fund-Of-One' Hire

May 18 2012 | 4:06am ET

The Arkansas Public Employees Retirement System is a step closer to hiring a fund of fund—singular, as part of a so-called "fund of one" approach.

The $6 billion pension's board last month approved a shortlist of "fund of one" managers for a $100 million mandate. Using a "fund of one" will help Arkansas "avoid excessive energy exposure," the April 11 board minutes said.

Arkansas adopted the "fund of one" approach in February, following a presentation from Grosvenor Capital Management, Pensions & Investments reports.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note