Tuesday, 2 June 2015
Last updated 11 min ago
Jun 5 2012 | 10:20am ET
The Lousiana State Employees' Retirement System has hired a pair of funds of hedge funds to managed a total of $300 million.
Prisma Capital Partners will run $200 million of the $9.3 billion public pension fund's money in a customized portfolio. EnTrust Capital will put $100 million into a special opportunities strategy.
Both allocations will go into separate accounts.
Prisma and EnTrust beat out Blackstone Alternative Asset Management and Permal Group to win the mandates, Pensions & Investments reports.
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…