Wednesday, 29 July 2015
Last updated 18 hours ago
Dec 1 2008 | 12:29pm ET
The Board of Trustees of the $1.4 billion Louisiana Municipal Police Employees’ Retirement is nearing the end of its search for a hedge fund of funds shop.
The plan’s Board interviewed six finalists at its Nov. 12 but has not picked a manager yet, according to Kathy Bourque, director. The finalists include: Cadogan Management; Union Bancaire Privee Asset Management; Blackstone Alternative Asset Management; Evanston Capital; Permal Group; and Entrust Capital.
Bourque added that she is not sure when the plan will make its final selection.
The plan’s mandate calls for a multi-strategy hedge fund of funds shop to manage a $70 million to $100 million ERISA institutional mandate.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…