Texas Permanent School Fund Drops Two More Managers
Posted on 11/16/2012
The Texas Permanent School Fund (TPSF) has dropped two more managers to save on hedge fund fees and streamline relationships. The TPSF dropped GAM Holdings AG and Mesirow Financial Inc. Holland Timmins, the chief investment officer of the TPSF, pushed for the modification as 10% of TPSF assets are invested in hedge funds, yet they […]
