Mandates & RFPs

Institutional mandates: December 2009

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

Fort Worth Employees' Retirement

Fort Worth, Texas

$1.4bn

Albourne

Hired PFM ($15m) and Moon Capital ($10m)

Nestle

Switzerland

Hired Northern Trust for custody and administration work

New Mexico PERA

Sante Fe, NM

$9bn

Cliffwater

Hired Brevan Howard ($20m) and Eton Park ($25m)

New York State Common Retirement Fund

New York City

$117bn

Aksia

Add-on allocation to Diamondback Partners ($50m)

Philadelphia Board of Pensions and Retirement

Philadelphia

$3.6bn

Aksia

Hired Mariner Caspian ($10m)


POTENTIAL SEARCHES

Aberdeen City Council

United Kingdom

$1.8bn

Mercer

Considering hedge fund foray ($164m)

Ann Arbor Retirement System

Ann Arbor, MI

$313m

Gray & Co.

Introducing a managed futures portfolio ($10m)

AP1

Sweden

$27.2bn

Starting to evaluate hedge funds

AP7

Sweden

$6bn

Considering whether hedge funds will be in new fund structure

Boeing Company

Chicago,