Mass. Plan Issue RFP For Hedge Fund Advisor

Jan 8 2007 | 9:47pm ET

Politicians and government officials in Massachusetts, including Secretary of State William Galvin, are continuing to eye hedge funds with suspicion, but that isn’t stopping some of the Bay State’s numerous pension plans from perusing the controversial asset class.

On Friday, the Middlesex Retirement Board issued an RFP for an alternative investment consultant. The consultant will oversee the $700 million plan’s investments in alternative investments, which already total $60 million.

The RFP, which asks for a firm’s history and goals, among other details, is due on Jan. 26.

View the plan’s RFP.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of