Albourne finds favour with Illinois Teachers as K2 loses FoHF mandate

March 2015
Invest Hedge;3/16/2015, p1
The article reports that financial adviser Albourne Partners has been selected by the Teachers Retirement System of Illinois as its absolute return consultant while terminating its K2 Advisors in favor of Grosvenor Capital Management to manage its fund of hedge fund (FoHF) allocation. It says that the company has decided to consolidate its FoHF portfolio into a single manager. Comment from pension fund's spokesman Dave Urbanek is presented.


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