The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat
Thursday, 19 January 2017
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May 28 2013 | 12:10pm ET
A Maryland public pension fund has a new hedge fund consultant and a pair of new private equity managers.
The $3.2 billion Montgomery County Employees' Retirement System hired Albourne America "to assist staff with further implementation of the opportunistic" hedge fund program, it said in a quarterly report last week.
The pension also committed a total of $29 million to KPS Capital Partners and Altaris Capital Partners. The former will get $15 million for a middle-market restructuring and turnaround fund, and the latter $14 million for a healthcare fund.