New Jersey taps more credit, macro and commodities

Mon Dec 5, 2011

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The New Jersey Division of Investment continues to bolster its hedge fund holdings recently allocating $785 million among six managers, some of which received allocations previously.

Brevan Howard, Asian Century Quest Fund, Centerbridge, Elliott Associates, ValueAct Capital Partners and Winton Capital are the latest funds brought into the fold within the state's $67 billion portfolio.

Investment consultant Cliffwater assisted staffers at the pension fund in...

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