Md. Pension Picks Hedge Fund Consultant, Private Equity Funds

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.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note