NYCERS withdraws from Breeden

Mon Oct 4, 2010

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The New York City Employees' Retirement System announced that it plans to withdraw from activist hedge fund Breeden Capital, which was founded by former SEC chairman Richard Breeden.

Lawrence Schloss, deputy comptroller for pensions and chief investment officer of NYCERS, said that the pension fund planned...

ISSN: 2151-1845 / CDC10004H

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