Tuesday, 24 May 2016
Last updated 7 min ago
Mar 1 2010 | 2:53am ET
Vermont’s public pension funds are making its first run at hedge funds.
The Vermont Pension Investment Committee has charged its consultant with finding fund of hedge funds managers for its first investments in the asset class, IM Weekly reports.
The move is part of the committee’s annual asset allocation review; multi-asset strategies and fixed-income were the other big winners in the reallocation.
The Vermont committee’s consultant is NEPC.