Worcester Issues P.E. RFI; Considering Multi-Strat H.F.s

Jun 2 2006 | 8:06pm ET

The $653 million Worcester (Mass.) Retirement System has issued an RFI for private equity managers and is considering an investment in multi-strategy hedge funds.

James DelSignore, chairman, said the fund is only considering direct investments in private equity and would like to invest up to $15 million with one or more firms. A copy of the RFI is available by contacting WorcesterPE2006@meketagroup.com. The deadline for responses is July 14. The plan's consultant is Meketa Investment Group.

DelSignore said that although the fund has not targeted a specific amount to be allocated to multi-strategy hedge funds, it plans to interview managers by September. Interested hedge funds should contact Meketa directly.


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

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note