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

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...