Wednesday, 31 August 2016
Last updated 2 hours ago
Apr 30 2013 | 9:41am ET
A Nebraska public pension fund has picked SSARIS Advisors over Private Advisors to handle a fund of hedge funds mandate.
The Omaha Civilian Employees' Retirement System awarded SSARIS a $17 million mandate, Pensions & Investments reports, following invitation-only searches earlier this year. Investment consultant DeMarche Associates assisted in the selection process.
The fund-of-funds allocation is new and will be funded by rebalancing the pension's portfolio.