Manchester (N.H.) Employees' Contributory Retirement System will interview AQR Capital Management, Standard Life Investments and William Blair & Co. in a shortlist search to run up to $10 million in liquid alternatives, said Gerard Fleury, executive director, in an e-mail.
The $198 million pension fund created the 5% target to alternatives in April as the result of an asset allocation review and interviews will happen sometime in October, Mr. Fleury said. AQR Capital Management will present its DELTA strategy; Standard of Life, its global absolute-return strategy; and William Blair. its macro allocation strategy.
Investment consultant NEPC is assisting.