Jun 30 2006 | 5:55pm ET
The $17 billion Iowa Public Employees Retirement System will issue 2-3 RFPs for portable alpha managers over the next 12-18 months, with the first, which is for enhanced cash portable alpha managers, likely to be issued at the end of September.
The fund began receiving an education on portable alpha last year. Melinda Prince, executive assistant, said that that the board has not yet determined the allocation size to portable alpha and the plan and consultant Wilshire Associates are still in the planning stages regarding the selection process. She said hedge funds to be utilized in the portable alpha space will be limited to fund-of-hedge funds.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…