Essex Searches For FoHFs

Jun 13 2008 | 2:00am ET

The $710 million Essex Regional Retirement Board is considering an allocation of approximately $13.5 million to funds of hedge funds.

Funds should have “experience in dealing with public pension systems and agencies; a three-and-five-year performance record which exceeds the return of the 91 Day T-Bill + 5%; and data presented in a clear, concise and easy to follow format,” among other requirements.

The RFP can be downloaded from Segal Advisors’ Web site and the deadline for submissions from firms interested in the mandate is July 14.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of