Thursday, 28 May 2015
Last updated 2 hours ago
Jan 17 2013 | 7:46am ET
The California State Teachers' Retirement System has made MKP Capital Management its third global macro hedge fund manager.
As with its earlier hires, Alphadyne Asset Management and Bridgewater Associates, the $154.3 billion pension fund handed $50 million to MKP. The allocation was made in the fourth quarter, Pensions & Investments reports.
CalSTRS plans to hire a fourth global macro manager to complete its $200 million program for the strategy. Bridgewater was hired in December 2011 and Alphadyne in June.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…