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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Moore Capital PM Fired After Raucous Hamptons Party

Jul 7 2016 | 10:47pm ET

A portfolio manager for Louis Bacon’s $15 billion hedge fund Moore Capital Management...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...