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.


In Depth

Q&A: Omni Macro Fund Bullish On India, Watching China

Mar 4 2015 | 3:35pm ET

Omni Macro Fund was formed in 2007 by Stephen Rosen, previously a prop trader at...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Risk Management: The Due Diligence Challenge And Branding Opportunity

Mar 2 2015 | 8:41am ET

The hedge fund firms that make it easier for prospective investors to gain comfort...

 

Editor's Note