Friday, 24 October 2014
Last updated 10 hours 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.