Potential Searches | ||||||
Fund & City | Plan Size (US$ millions) | Plan Type | Assignment | Account Size (US$ millions) | Consultant | Comments |
Oklahoma Firefighters Retirement System, Oklahoma City, Okla. | 1,200 | Public D.B. | US/Active Fixed-Income/ Distressed Debt | N/A | Asset Consulting | Consultant will examine its bond portfolio to determine if it should add short-duration, core-plus and distressed-debt vehicles to mitigate investment risks. Expects to deliver recommendations during its Nov. 15, 2002 meeting. |
University of North Carolina At Chapel Hill, Chapel Hill, N. C. | 1000 | Endowment | US/Alternative/ Distressed Debt | N/A | None | May seek to hire an additional distressed debt manager over the next six months. Will decide whether to hire a new manager or to give the mandate to an existing manager by the end of 2002. |
Florida State Board of Administration, Tallahassee, Fla. | 85,000 | Public D.B. | US/Alternative/ Distressed Debt | N/A | Ennis, Knupp & Associates | Considering investing in distressed debt. Board is currently in the early stages of discussing the feasibility of the asset class. Decision expected by the end of 2002. |
Completed Searches | ||||||
Fund & City | Plan Size (US$ millions) | Plan Type | Assignment | Account Size (US$ millions) | Consultant | Manager Hired |
Briggs & Stratton, Milwaukee, Wis. | 750 | Corporate D.B. | US/Active Fixed-Income/Distressed Debt | 10 | Callan Associates | Oaktree Capital Management |