Quadra Capital Partners will launch a family of institutional mutual funds geared toward pension plans, endowments and foundations, including 401(k) plans. The funds will be subadvised by Quadra's money management partners.
The subadvisers are: Anhalt/O'Connell, for the Quadra Limited Maturity Treasury Fund; Carl Domino Associates, to manage the Quadra Value Equity Fund,; McDonald Investment Management, for the Quadra International Equity Fund; and LM Capital Management, to run the Quadra Opportunistic Bond Fund.
Frontier Corp., Rochester, N.Y., has committed to two alternative investment funds following an asset-liability study of its $475 million defined benefit plan.
The fund invested $5 million each in the Cornerstone Equity Partners fund and Heritage Asset Management's small-cap emerging markets private equity closed-end mutual fund. RogersCasey assisted.
