Saturday, 29 August 2015
Last updated 14 hours ago
Mar 4 2011 | 9:07am ET
West Virginia's main public pension manager has awarded $60 million to Dallas-based Carlson Capital.
The $12.2 billion West Virginia Investment Management Board's hedge fund subcommittee made the allocation to the Double Black Diamond Fund at its September meeting, HFMWeek reports. Double Black Diamond is a multi-strategy vehicle with about $1.7 billion in assets.
More recently, last month the subcommittee made initial moves towards another hedge fund investment, discussing an allocation to Tenor Capital, a New York-based convertible arbitrage fund.
West Virginia currently invests about 10% of its assets in 22 hedge funds.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…