Thursday, 5 March 2015
Last updated 3 min 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…