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San Diego Gov’t. Plan Issues RFP

July 2, 2009 – The San Diego Association of Governments (SANDAG) is looking to hire a firm to provide investment management, advisory and reporting services for its portfolios.

• UBS Vet Opens Firm
• Hall Capital Names New President
• Munder Creates President Role
• Haldeman Steps Down From Putnam Roles

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Features

Odd & Ends - July 6, 2009

July 2, 2009 – *J.E. Roberts Companies has named Barden Gale CEO at the real estate investment company. He will replace Joe Robert, who will remain at the firm as founder and chairman. Gale was most recently vice chairman of real estate at Starwood Capital Group. Gale and Robert will work side-by-side on corporate strategy at J.E. Roberts' McLean, Va.-based offices.

Hedge Funds Will Play By The Rules, Whatever They Are

July 2, 2009 – While much of the nation's capital remains fixated on health care, another potentially sweeping change awaits. Hedge fund managers, who shouldered plenty of blame for the destabilization of the financial markets, have largely averted regulation until now, but those days appear to be numbered.

San Jose Plan Wraps Convertibles Search

July 1, 2009 – Calamos Advisors has been tapped by the San Jose Police and Fire Department Retirement Plan to oversee a $50 million convertible securities mandate. Ron Kumar, financial analyst at the $2.56 billion plan, said Lord, Abbett & Co. and Oaktree Capital Management were also considered for the contract.

Luzerne County to Explore TALF

July 1, 2009 – The Luzerne County Retirement System will invest a portion of its portfolio with Term Asset-Backed Loan Facility (TALF) managers, said investment consultant Richard Hazzouri of Morgan Stanley Smith Barney.

LACERS Remains with PCA

June 30, 2009 – The Los Angeles City Employees' Retirement System (LACERS) has extended the contract of general investment consultant Pension Consulting Alliance (PCA) for an additional year, said Linda Aparicio, spokeswoman for the $8.2 billion California plan.

Alameda County Reviews Investment

June 29, 2009 – The Alameda County Employees' Retirement Association (ACERA) discussed a special situations investment earlier this month, according to recently released minutes from an investment committee meeting.

Wilshire Looks to Expand Private Markets Group

June 29, 2009 – Kevin Nee has been named president of Wilshire Private Markets, where he will work to consolidate and expand the firm's operations domestically and internationally. He joins the firm from BlackRock's private equity partners team, where he was a managing director, and member of the firm's investment and management committees.

Iowa PERS Makes Portfolio Changes

June 29, 2009 – The Iowa Public Employees' Retirement System (IPERS) has approved increases in its allocations to long-only enhanced equity index strategies and to global macro for use in a portable alpha strategies, said Karl Koch, CIO with the $16.8 billion plan.

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