New York City’s public employee pension fund voted Thursday to pull its money from hedge funds — and weighed doing the same with private equity funds. New York City Employees’ Retirement System — which manages about $55 billion on behalf of 350,000 municipal employees — has 4 percent of its investments allocated to hedge funds,...
Nyc Employees’ Pension Yanks Money From Hedge Funds
Josh Kosman, New York Post: Business
Thu, 04/14/2016 - 9:45am
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