Saturday, 25 April 2015
Last updated 1 day ago
Jan 16 2008 | 7:00am ET
The $12.9 billion Ohio Police & Fire Pension Fund is looking to add more alpha to its portfolio and has issued a request for proposals for firms to provide market-neutral alpha overlay strategies.
Ohio is looking for one or more investment advisers to manage about $375 million. This strategy will be packaged with a beta exposure (the Standard & Poor’s 500 Index) and implemented via a separate account or co-mingled fund vehicle provided by the selected firms.
Interested firms much have at least a two-year performance history in market-neutral strategies as of Sept. 30, 2007, and at least $250 million of capital invested in market neutral strategies. Firms must also be registered with the Securities and Exchange Commission.
The deadline for the RFP, which can be accessed at the pension fund’s Web site, is Feb. 8 by 3 p.m. Eastern time. Finalists will be notified during the week of March 24 with interviews scheduled for the week of April 28.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…