Saturday, 2 August 2014
Last updated 14 hours ago
Mar 4 2010 | 6:37am ET
New York’s public pension fund is pouring more than $300 million into two hedge funds.
The New York State Common Retirement Fund has committed $230 million to Finisterre Capital’s Emerging Markets Fund, and $100 million to Brookside Capital Partners. Brookside is a long/short equity shop.
CRF also increased its investment in the Invesco Mortgage Recovery Feeder Fund by 50%, adding another $50 million.