Friday, 26 August 2016
Last updated 1 hour ago
Aug 20 2012 | 11:58am ET
The Ohio Public Employees Retirement System has added $300 million in investments to its $2.18 billion hedge fund portfolio.
The $73 billion public pension fund hired Gracie Asset Management, Highline Capital Partners and Third Point. Each hedge fund received $100 million, Pensions & Investments reports.
PERS picked Gracie's Credit Opportunities Fund, a long/short vehicle managed by Highline and Third Point's event-driven Partners Qualified fund.