Maryland Pension Invests In Taylor Woods

Jun 10 2013 | 9:27am ET

The Maryland State Retirement & Pension System has hired former Credit Suisse trader George Taylor's energy-focused hedge fund to run a $50 million mandate.

The $42 billion pension said it moved the money from a passive commodities vehicle to Taylor Woods Capital Management at the beginning of the month. Taylor Woods becomes one of about 30 fund managers in Maryland's "real return" portfolio.

That portfolio currently represents 11.5% of the pension's assets, below its 14% target.

Taylor Woods is up 10% this year, Reuters reports.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note