Institutional mandates: October 2011

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)


MANDATES AWARDED

Alaska Retirement Management Board

Juneau, AK

$20bn

Added on to Crestline mandate for long/short equity exposure ($33m)

Australia Future Fund

Australia

$80.1bn

Appointed multi-strategy hedge funds and macro-directional managers

Massachusetts PRIM

Boston, MA

$50bn

Cliffwater

Hired Anchorage Capital, Arrowgrass and BlueCrest ($25m each)

Massachusetts PRIM

Boston, MA

$50bn

Cliffwater

Hired Brevan Howard, Claren Road, Elliott and Kingdon ($25m each)

Massachusetts PRIM

Boston, MA

$50bn

Cliffwater

Hired Och Ziff, Taconic and York Capital ($25m each)

Massachusetts PRIM

Boston, MA

$50bn

Cliffwater

Hired Viking Global Equities for long/short ($30m)

New York State Common Retirement Fund

New York, NY

$147bn

Albourne

Allocated to the AG Super Fund ($100m)

New York State Common Retirement Fund

New York, NY

$147bn

Albourne

Added on to