Friday, 27 May 2016
Last updated 1 hour ago
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.