The Connecticut Treasurer’s office has just issued a newly revised fund of hedge funds request for proposal to find fund of hedge fund managers specialising in emerging managers for the $24 billion Connecticut Retirement Plans and Trust funds.
Responses are due back on 27 June. Interviews are likely to take place in August with manager selection taking place at the September trustee meeting. The mandate is understood to total $100 million.
The search is for one or more managers to invest in hedge funds in addition to analysing and screening the Connecticut Horizon Fund universe of emerging and minority