Ohio Pension Adds Three Hedge Funds

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.


In Depth

Electronifie: Better Bond Trading

May 11 2016 | 3:03pm ET

Technology has revolutionized countless aspects of investing and trading, but the...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...