Institutional mandates: April 2012

by

Guide to current hedge fund mandates

Mandates that are covered in this issue appear in bold

FUND NAME

LOCATION

SIZE

CONSULTANT

STATUS (MANDATE SIZE)

Cook County Retirement Funds

Chicago, IL

$7.7bn

Callan Associates

Hired Blackstone, DGAM, Rock Creek ($700m total)

Cook County Forest Preserve District

Chicago, IL

$166m

Callan Associates

Hired Blackstone for FoHFs ($15m)

Illinois Teachers Retirement System

Springfield, IL

$38bn

RV Kuhns

Hired Standard Life ($400m) and AQR ($300m) for real return portfolio

Massachusetts PRIM

Boston, MA

$50bn

Cliffwater

Hired Arden to handle transition from FoHFs