W.V. Picks Tenor For $30M Mandate

May 31 2011 | 8:54am ET

West Virginia's main public pension manager has allocated $30 million to hedge fund Tenor Capital Management.

The $12.5 billion West Virginia Investment Management Board will invest in Tenor's Opportunities Fund, HFMWeek reports. The allocation follows a $60 million mandate won by Carlson Capital in March.

The WVIMB has almost $1 billion allocated to hedge funds.

In addition to adding to its hedge fund stable, however, the pension is also trimming it: WVIMB is redeeming its investments with Bennelong Asia Pacific and Vicis Capital.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of