The $1.6 billion San Antonio Fire & Police Pension Fund has issued a request for proposal for a hedge fund consulting firm to aid officials in overseeing their $223 million hedge fund programme. RFPs were due on 30 October.
The San Antonio absolute return allocation consists of nine funds of hedge funds and two direct hedge funds. The primary objective of the portfolio is to achieve risk-adjusted returns not available in public markets. Officials are looking for a hedge fund consultant to assist the board in structuring and implementing the portfolio. It will also