Massachusetts State Fund Drops Four Hedge Fund Firms
Reuters Hedgeworld › October 15, 2009
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Editor's note: This version of the story adds details on the plan and quotes.
BOSTON (Reuters) - Massachusetts will remove $1.6 billion from hedge fund managers Blackstone, Crestline, EIM Management and Strategic Investment Group as it shifts its investment strategy after suffering recent heavy losses.See the full content of this document
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Massachusetts State Fund Drops Four Hedge Fund Firms
Trustees for the roughly $40 billion fund voted on Tuesday [Oct. 13] to pull out of four firms that used portable alpha, a once popular technique employed b...
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