Institutional mandates: March 2012

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Guide to current hedge fund mandates

Mandates that are covered in this issue appear in bold

FUND NAME

LOCATION

SIZE

CONSULTANT

STATUS (MANDATE SIZE)


MANDATES AWARDED

New Jersey Division of Investment

Trenton, NJ

$68bn

Cliffwater

Tapped Blackstone for 4 opp portfolios ($1.8bn), hedge funds ($350m)

Texas Permanent School Fund

Austin, TX

$25bn

NEPC

Strategic partnership with Blackstone, Grosvenor to go direct ($1bn)

UTIMCO

Austin, TX

$27bn

Albourne

Hired Bridgewater ($79m), Farallon Asia ($60m) and Lone Peak ($25m)

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