Looking to up its alternative asset allocation to 14%, or $3.6 billion, Pennsylvania State Employees’ Retirement System (PSERS) is seeking a consultant with experience in picking alternative investment vehicles, including special situations. With 10% of its funds currently invested in alternative assets, $26 billion-in-assets-under-management PSERS invests in only one hedge fund, ABACUS Fund, with which it has a $15 million commitment.
To read the entire story, you must be logged in.
Please log in now or register with us.
