Philly sets 10% goal, seeks hedge fund chief

By Anastasia Donde

Mon Jun 7, 2010

Chief investment officer Chris McDonough said he wants to have the new hire in place by July.

Having recently approved hiking its target allocation to hedge funds to 10% from 6%, the $4 billion Philadelphia Public Employees Retirement System plans to hire an investment officer to focus...

ISSN: 2151-1845 / CDC10004H

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