Wednesday, 26 November 2014
Last updated 5 hours ago
Mar 24 2006 | 12:00am ET
The $13 billion City of Los Angeles Fire and Police Pension System has issued an RFI for an alternative investment consultant.
According to the RFI, candidates must have provided alternative investment consultant services to at least three public pension plans, one of which has had at least $5 billion in assets --$500 million of which have been in alternative investments-- for a minimum of three years as of Dec. 31, 2005.
The fund currently has 10% in alternatives. A copy of the RFI is available on the fund’s Web site (www.cityofla.org). Proposals are due April 21. Calls to Rick Rogers, investment officer for the fund, were not returned by press time.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...