As Fee Trend Advances, TRS Pension Managers Seek Win / Win SituationsMark Melin
The Teacher Retirement System of Texas (TRS) is engaging in one of the more historic movements in the hedge fund industry. With hedge fund fee plans under fire, Brad Gilbert and Dale West only want to pay for alpha. In an interview with ValueWalk, the pair of architects behind the program, who also consulted with Albourne Partners and had numerous internal supporters, discussed the Hedge fund Fee Structure along with their portfolio management strategy.
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