Farallon loses New Mexico’s $30 million pension allocation

By Anastasia Donde

Fri Oct 29, 2010

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The New Mexico state employee pension has dropped Farallon from its $30 million mandate.

The $11.1 billion New Mexico Public Employees Retirement Association has decided to redeem its $30 million investment from Farallon Capital Management. The board of the retirement association made the decision yesterday, citing the departure of four senior executives from Farallon earlier this year, according to Jason Goeller, who oversees hedge funds for the pension. "We still think...

ISSN: 2151-1845 / CDC10004H

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