Illinois Teachers to rely on fund of hedge funds

Mon Apr 4, 2011

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The Teachers’ Retirement System of the State of Illinois assigned two New York City-based credit managers to its absolute return portfolio.

BlueMountain Capital Management and Claren Road Asset Management will manage $50 million a piece in various credit alternative opportunities, according to the $35 billion retirement system. Although the...

ISSN: 2151-1845 / CDC10004H

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