Philadelphia Public Employees Retirement System selected Goldman Sachs Asset Management, K2 Advisors, Mesirow Financial and Private Advisors as finalists in its search for a directional hedge fund manager to run $54 million, said Christopher McDonough, investment officer for the $4.2 billion fund. The system's board will likely select at least one of the managers at its Sept. 1 meeting. Mr. McDonough said. The funding source has not been determined.
Philadelphia Public Employees Retirement System selected Goldman Sachs...
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