Morgan Stanley, Grosvenor invested with Diamondback, Level Global
By Suzy Kenly Waite
Mon Nov 29, 2010
In addition to having a fair amount of pension money, three of the hedge funds under investigation had some substantial investments from funds of funds.
A number of large funds of funds are invested in Diamondback
Capital Management, Level Global Investors, and Loch Capital
Management, three of the hedge funds being examined by the
Federal Bureau of Investigation as part of a large government
probe of insider trading activities. Last week it was revealed
that a substantial number of pensions had allocated to these
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