Mandates & RFPs

Institutional mandates: April 2010

by

Guide to current hedge fund mandates

FUND NAME

LOCATION

SIZE

CONSULTANT

STATUS (MANDATE SIZE)


MANDATES AWARDED

Alaska Permanent Fund Corporation

Juneau, AK

$35bn

Callan Associates

Hired Oaktree and Audax for debt ($250m each)

Alaska Permanent Fund Corporation

Juneau, AK

$35bn

Callan Associates

Hired GMO for real return strategies (between $250m and $500m)

California Public Employees’ Retirement System

Sacramento, CA

$200bn

Wilshire Associates

Add-on allocations to Vision and PAAMCO ($20m)

Florida State Board of Administration

Tallahassee, FL

$139bn

Cambridge

Hired Cevian, Knight Vinke and P2 Capital ($50m to $100m each)

Florida State Board of Administration

Tallahassee, FL

$139bn

Cambridge

Pending allocation to Ramius Capital ($50m to $100m)

Illinois Student Assistance Commission

Chicago, IL

$982m

Marquette Associates

Hired Balestra Spectrum and Pinnacle Natural Resources ($55m each),

Illinois Student Assistance Commission

Chicago, IL

$982m

Marquette Associates

Hired Neuberger Berman fund of funds ($25m)

Kentucky Retirement System

Frankfort, KY

$12bn

RV