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Products February 11, 2001
MassMutual Forms Hedge Alliance
November 14, 2000 (PLANSPONSOR.com) - MassMutual has
formed an alliance with Hennessee Group LLC to select and
monitor hedge fund managers for MassMutual offerings,
including their Concert Investment Program.
Reported by Nevin E. Adams
New York-based Hennessee Group will make their recommendations from a universe of over 6,000 hedge fund and fund-of-fund managers for MassMutual products designed for high net worth individuals and corporate-sponsored markets.
The alliance brings Hennessee Group’s advisory expertise to match hedge fund managers with client investment objectives and risk tolerance through a variety of hedge fund strategies.
The Hennessee Group is a registered investment adviser with more than $1 billion in investments under advisement for wealthy individuals, family offices, endowments and foundations.
MassMutual’s Concert Investment Program leverages internal and external expertise to conduct due diligence and provide a multi- manager array of investment strategies and services for all MassMutual products.