Institutional Investors Mergers & Acquisitions / Joint Ventures

San Bernardino hires HedgeMark, reviews separate accounts


San Bernardino County Employees' Retirement Association hired HedgeMark to conduct a feasibility study for the creation of an investment management platform across its portfolio, including hedge funds.

HedgeMark, which specialises in offering portfolio construction and risk management tools to support the management of diversified and transparent investment funds, will prepare a report that will be given at the trustees' February meeting that is understood to include how hedge fund holdings are reported.

Depending on HedgeMark's findings, San Bernardino may move investments into separate accounts. Last year, the system was