Monday, 1 September 2014
Last updated 3 days ago
Sep 11 2007 | 1:43pm ET
The Essex (Mass.) Regional Retirement Board is seeking managers for an $8 million private equity fund of funds allocation.
In a request for proposals, the pension fund indicated that it is seeking managers who are registered with the Securities and Exchange Commission or are exempt from such registration, have five years’ experience and have managed funds in excess of $50 million.
According to Timothy Basset, chairman of the board, the search for p.e. funds of funds is part of the $300 million pension’s strategy to diversify its private equity portfolio. Essex currently has a 5% allocation to p.e. and currently employs three single-manager private equity firms.
The request for proposals, available on the Segal Advisors Web site, is due Oct. 1.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...