Philadelphia adds Mariner Caspian
Fri Dec 4, 2009
The Philadelphia Board of Pensions and
Retirement added its fifth direct hedge fund investment this
year and plans to approve one more fund later this year.
Mariner Caspian will manage $10 million for the municipal
pension plan. Funded from cash, the new investment illustrates
the system's plans to further diversify its existing
ISSN: 2151-1845 / CDC10004H
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