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

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Often seen as a passion project, or part of a philanthropic venture, rare and fine stringed instruments offer an exciting option to diversify one’s investment portfolio while providing an opportunity for an exceptional long-term investment.