SDCERA approves relative value managers

Tue May 3, 2011




The $7.5 billion San Diego County Employees' Retirement Association approved two new hedge fund allocations as trustees build out their relative value portfolio.

Carlson Capital's Black Diamond Relative Value Fund received a $50 million commitment, which is on top of an existing investment of $54 million in Carlson's multi-strategy offering. This is in addition to a new...

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