Louisiana Interviews FoHFs Finalists

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.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of