Ohio Schools Pension Cans Two, Hires Two Hedge Funds

Oct 2 2012 | 11:27am ET

The Ohio School Employees Retirement System has shaken up its hedge fund portfolio.

The $9.9 billion pension fund has terminated two hedge funds and replaced them with two others. Out are Lansdowne Partners and OMG Capital; in are Archer Capital Management and Nephila Capital.

Ohio School's new managers got $30 million each, Pensions & Investment reports. The pension picked Archer's offshore event-driven multi-strategy fund and Nephila's Triton event-driven reinsurance fund.

The new mandates were funded by redeeming $35 million from OMG's Opportunities Trading Fund and $23.4 million from Lansdowne's Global Financials Fund. Both redemptions were due to underperformance, Ohio Schools spokesman Tim Barbour told P&I.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note