Iowa Plan Extends Deadline For Enhanced Cash Portable Alpha RFP

Oct 27 2006 | 6:56am ET

The Iowa Public Employees’ Retirement System has extended the deadline for an RPF for managers to handle a $2.3 billion enhanced cash portable alpha mandate. The new date for inquiries is Nov. 1 and proposals are due Nov. 14. 

According to the RFP, which can be found on the plan’s Web site, “IPERS seeks proposals from managers that can provide a bundled portable alpha product in which S&P 500 Index derivatives are used to ‘port’ large cap U.S. equity exposure onto an actively managed portfolio of fixed income securities or a short-term U.S. cash equivalent investment strategy.”

The $20 billion plan is looking to hire two or three managers to handle the allocation. All inquiries should be directed toward the plan’s consultant, Wilshire Associates.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel Supports Manhattan Real Estate With Record Deal

Sep 16 2015 | 3:04pm ET

Never count hedge funds out of a big property deal. The Manhattan real estate market...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note

Upcoming Events