W.V. Adds $30 Million To Hedge Funds

Sep 30 2013 | 11:39am ET

West Virginia's public-pension manager has increased its investment with four hedge funds.

The West Virginia Investment Management Board gave $30 million to four existing managers. Carlson Capital's Double Black Diamond fund and Pine River Capital Management's eponymous fund each received $10 million more, bringing their total allocations from WVIMB to $70 million.

Graham Capital Management and Winton Capital Management each got an extra $5 million, bringing their total allocations to $35 million.

Double Black Diamond is a multi-strategy fund, Pine River a relative-value fund, Graham Global Investment Fund II a global macro fund and the Winton Futures Fund a managed futures vehicle.


In Depth

Virtu Celebrates Another Year Without a Single Day of Losses

Feb 26 2015 | 9:05am ET

High-frequency trading firm Virtu Financial Inc. reported another year without a...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Risk: How To Get In Front Of The Problem

Feb 26 2015 | 9:53am ET

In considering the topic of risk in the hedge fund world, specifically, the oversight...

 

Editor's Note