New Jersey to more than double allocation
Mon Oct 4, 2010
The New Jersey State
Investment Council has approved plans at its monthly meeting to
boost the hedge fund allocation to 15% from 7% of the state's
$68 billion pension fund.
The move is significant for the pension fund that only
started allocating to hedge funds in 2006. Earlier in the year,
the State Investment Council boosted the percentage
ISSN: 2151-1845 / CDC10004H
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