Friday, 4 September 2015
Last updated 1 hour ago
Aug 22 2007 | 11:14am ET
The board of the Public Employees Retirement Association of New Mexico recently added a group of hedge funds and a private equity fund to its portfolio.
On the hedge fund front, the board allocated $35 million each to Stark Investments and AG Superfund, both multi-strategy hedge funds, and TPG-Axon Partners, an equity long/short hedge fund. All three hedge fund investments are to be funded from its fixed-income portfolio.
The system’s board also approved a $30 million allocation to KRG Capital Fund IV, a mid market buyout fund, to be funded from equities.
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…