The Indiana Public Retirement System announced last Friday $365 million in new hedge fund investments it has made since March 1. Three separate commitments of $100 million each were made to three separate hedge funds. A fourth investment, totaling $65 million, was allocated to another separate hedge fund.
The Indiana public pension manages $27.1 billion. It comprises several retirement funds, including, among others, the Teachers’ Retirement Fund, Public Employees’ Retirement Fund, and the Prosecuting Attorneys’ Retirement Fund.
Read more about this allocation story online from Pensions & Investments.