Saturday, 28 February 2015
Last updated 20 hours ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…