Institutional Investors

CalPERS porfolio still in the red after latest fiscal year


The $5.2 billion hedge fund programme of the $238 billion California Public Employees’ Retirement System is still down for the year ending 31 March 2012, with the direct hedge fund portfolio losing 1.5% while the FoHF programme was down 3.1% over the same time frame.

The direct hedge fund programme totals $3.6 billion and carries allocations to 37 funds, including: Black River Fixed Income Relative Value Opportunity Fund; Chatham Eureka Fund; OZ Eureka Fund; Aspect Alternative Fund; and Symphony Eureka Fund. The FoHF portion of the hedge fund allocation totals $1.5 billion and is invested in eight FoHFs: