Institutional Investors

Indiana state police fund on the lookout for FoHFs


The $388 million Indiana State Police Pension Trust is considering conservative fund of hedge fund managers to further diversify the portfolio’s current structure.

According to a broad agency announcement, officials are gathering information from firms by early March to allocate approximately $50 million to one or more groups. Managers participating in the search are required to have a level of transparency that at a minimum will provide disclosure of the underlying hedge fund managers and should not have investments in affiliated hedge fund managers.

Indiana State Police are interested in managers that have