La. Plan Eyeing Alternatives, Real Estate Increases

Jun 23 2006 | 8:41pm ET

The $1.3 billion Louisiana Sheriffs' Pension & Relief Fund will begin looking at real estate and hedge fund opportunities for additional allocations. Osey McGee, executive director, said the plan currently has 5% allocated to core real estate and 3% to hedge funds and would like to increase those allocations over time to 10% to real estate and 5% to hedge funds.

McGee said the plan would look at other types of real estate investments, including REITs, opportunistic and value-added investments. He said there are no plans to move into private equity. 


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of