San Bernardino Looks At Credit Hedge Fund Zais

Dec 17 2010 | 12:41am ET

A California public pension fund may add a new credit hedge fund to its stable. The San Bernardino County Employees' Retirement Association is considering the award of a separate account mandate to the Zais Group.

Zais, which manages $8 billion in distressed and illiquid debt hedge funds, recently moved a big chunk of its assets into a Luxembourg-domiciled separate account structure, HFMWeek reports. The accounts had previously been held in the Cayman Islands.

SBCERA may invest $30 million with the New Jersey-based fund, just a couple of months after investing $80 million in two other credit hedge funds.


In Depth

FINalternatives Survey: We Asked Investment Pros...

Apr 2 2016 | 9:42pm ET

The data from our annual reader survey continues to roll in and provide interesting...

Lifestyle

Point72's Cohen Donates $275M To Veterans Mental Health Network

Apr 6 2016 | 8:31pm ET

Billionaire hedge fund manager Steve Cohen has formed a non-profit aimed at treating...

Guest Contributor

Is Your Administrator a Cyber Security Weak Point?

Apr 5 2016 | 6:45pm ET

Cyber risk often flies below the radar of alternative investment managers. But it...