International Paper Co., Stamford, Conn., plans to start searching in September for hedge-fund managers to run portable-alpha strategies for its $7 billion plan, said Robert Hunkeler, vice president-investments. The fund likely will allocate around $350 million to the area. Most of the assets will go to the managers, with a reserve maintained to protect against market declines. Mr. Hunkeler expects the search to be completed by year-end.
International Paper Co., Stamford, Conn., plans to start searching in...
Sponsored Content
Partner Content