La. Pension Picks Prisma, EnTrust

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.


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