The Ohio Public Employees’ Retirement System in Columbus continues to beef up its burgeoning $2.7 billion hedge fund portfolio with the addition of global macro and long/short equity funds.
The new funds bring the total fund holdings to 18 in the $74 billion fund’s direct programme. Ohio also retains holdings in two customised funds of hedge funds labeled K2 Columbus Fund and Prisma Columbus Fund.
Macro/discretionary funds added in recent months are Bridgewater Pure Alpha Major Markets ($180 million) and Graham Global Investment Fund ($120 million). Bridgewater, one of the most popular hedge fund holdings among US public