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Fresno narrows search via FoF stress test

July 06, 2009  

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Fresno County Employees' Retirement Association in California has come up with an informal fund of funds shortlist after completing a thorough manager stress review.

Investment consultant Wurts & Associates surveyed potential fund of fund managers and current manager Blackstone Alternative Asset Management on hedge fund redemptions. Manager stress reviews were done on Aetos Capital, Grosvenor Capital Management, Common Sense Investment Management and Blackstone. All...

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