Wednesday, 30 July 2014
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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…