Los Angeles Utility Eyes Hedge Funds

Lewis, Lakema
July 2006
Investment Management Weekly;7/10/2006, Vol. 19 Issue 27, p1
The article reports on the plans of the Los Angeles Department of Water and Power Retirement Plan to invest on hedge funds. According to Sangeeta Bhatia, administrator at the $6 billion fund, the plan will be looking for a firm that will oversee a $60 million fund-of-funds portfolio. Assisting the board with the process is Pension Consulting Alliance.


Related Articles

  • HEDGE FUND CAPITAL INFLOW.  // Accountancy Ireland;Apr2015, Vol. 47 Issue 2, p87 

    The article presents the "Growing Up: The New Environment for Hedge Funds" report by professional services firm KPMG International as of April 2015, which showed that majority of hedge fund managers claimed that pension funds will be their primary source of capital by 2020.

  • At Deadline.  // Pensions & Investments;6/13/2011, Vol. 39 Issue 12, p1 

    The article offers news briefs related to pension an investment. The U.S. corporate retirement plans had combined assets of 6.272 trillion dollars as of March 31, 2011. The Massachusetts Pension Reserves Investment Management board will recently choose the plan's first 10 hedge fund managers....

  • NEPC Remains on VPIC Roster. Giardina, Michael // Investment Management Weekly;6/1/2010, p1 

    The article reports on the decision of the Vermont Pension Investment Committee (VPIC) to retain NEPC as its investment consultant during the period of transition to new equity index and hedge fund of funds products. It recalls that the VPIC granted its approval for the re-signing of the...

  • Ohio Schools Seeks Hedge Fund Consultant. M. S. // Investment Management Weekly;4/9/2007, Vol. 20 Issue 14, p2 

    The article reports on the search of the School Employees' Retirement System of Ohio for a hedge fund consultant. An asset allocation policy was approved by the retirement system in which hedge funds are allowed in each asset class up to 10% of the fund's total asset. Bids for proposals are due...

  • Big managers missing out on hedge fund assets. Williamson, Christine // Pensions & Investments;9/1/2003, Vol. 31 Issue 18, p1 

    The biggest institutional money managers are losing out to a big extent when it comes to their clients' ballooning hedge fund allocations. According to Pensions & Investment's (P&I) survey of the 15 biggest asset managers, ranked by worldwide institutional assets, only 13 offer hedge funds, and...

  • Funds of funds registration growing. Williamson, Christine // Pensions & Investments;8/18/2003, Vol. 31 Issue 17, p3 

    More and more hedge fund managers are registering their funds of funds as a way to bolster their institutional business. That's because many hedge fund of fund managers are close to standing up against the ERISA rule mandating that no more than 25% of a hedge fund's assets can come from a...

  • More hedge funds going institutional. Williamson, Christine // Pensions & Investments;1/21/2008, Vol. 36 Issue 2, p8 

    The article reports that the Lipper Hedge Fund Survey has revealed that institutional investors will account for an increasing percentage of hedge fund managers' client base over the next three years. About 64% of respondents estimated the number at 30%, while 38% of respondents estimated it at...

  • HIRINGS.  // Pensions & Investments;7/12/2004, Vol. 32 Issue 14, p27 

    The Alaska State Pension Investment Board selected its first hedge fund managers — Cadogan Management, Mariner Investment Group and Quelles Capital Management — and agricultural investment firms — UBS AgriVest and Hancock — all subject to contract negotiations....

  • Taking more control.  // Pensions & Investments;10/19/2009, Vol. 37 Issue 21, p10 

    The article presents the author's views on the need for greater liquidity, transparency and control of pension funds. He says that some major pension funds have resisted hedge fund investing, including State of Wisconsin Investment Board, Florida State Board of Administration and Illinois State...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics