Plymouth Seeks 130/30 Managers Who Rock (The S&P500)

Nov 5 2007 | 1:01pm ET

The $120 million Town of Plymouth (Mass.) Retirement System is looking to allocate approximately $10 million to a 130/30 strategy, and is considering proposals for commingled and separate account investment vehicles.

Firms interested in submitting bids for the proposal should have three years of experience under their belts with at least $500 million of assets under management and at least $200 million in 130/30 strategies. Also, prospective managers should have outperformed the Standard & Poor’s 500 over the three-year trailing period as of the end of September.

The deadline for submissions is Nov. 29 at 3:00 p.m. EST. The request for proposals can be accessed on Segal Advisors’ Web site.

The Plymouth Retirement System’s invested 10% of its portfolio in alternative equities as of Aug. 1.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...