Fort Worth Seeks Alts Consultants

Jan 18 2008 | 1:00am ET

The Fort Worth (Texas) Employees' Retirement Fund is looking for more help in the alternatives space and has issued a request for proposal for a consultant.

The contract period for the new mandate is three years, beginning in April and expiring in 2011. The retirement fund has total assets in its investment portfolio of just under $2 billion dollars, with a current allocation to hedge funds of 10%. It also has a 7.5% target to private equity, but less than 2% is actually invested.

The deadline for the RFP, which can be accessed at the fund's Web site, is Feb. 1.

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