Mass. PRIM Seeks Funds Of Hedge Funds Consultant

Jan 6 2009 | 3:28pm ET

The Massachusetts Pension Reserves Investment Management board is seeking a firm to provide general consulting services and/or funds of hedge funds consulting services to the $39 billion pension fund.

Firms interested in the funds of hedge funds mandate will be required to provide consulting services to PRIM in absolute return and portable alpha allocation strategies, evaluation, planning, reporting, analysis, and manager due diligence and oversight.

The minimum criteria for the funds of hedge fund mandate includes the following: As of Oct. 31, the firm must provide consulting services to existing pension clients whose assets aggregate to at least $10 billion; and the consultant must have at least three years combined experience in serving public pension funds, private pension funds, endowments, and/or foundations.

The deadline for proposals is Jan. 23.

Cliffwater is PRIM's general consultant and Hamilton is its alternative investment consultant.

Mass. PRIM’s current roster of funds of funds include Arden Asset Management, Ivy Asset Management, K2 Advisors, Pacific Alternative Asset Management Company, and The Rock Creek Group.


In Depth

Q&A: Pantheon’s McCrary Says Private Equity Market ‘Robust’

Dec 17 2014 | 8:32am ET

Dennis McCrary is a partner at Pantheon, a private equity firm with $32.2 billion...

Lifestyle

Cohen Donates $1.5M To GOP Governors Association

Dec 10 2014 | 7:13am ET

The Republican Governors Association raised close to $25 million from October 1...

Guest Contributor

Q&A With Daniel Gallancy: Institutional Interest In Bitcoin Is Growing Steadily

Dec 12 2014 | 7:54am ET

Daniel Gallancy is founder and CEO of SolidX, a provider of total return swaps for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.