The West Virginia Investment Management Board recently invested an additional $30 million with hedge funds. The investments, split between four hedge fund managers, brought its total hedge fund assets to $1.34 billion.
The investment board recently invested additional funds with some of its existing hedge fund managers. These allocations included $10 million each to a multi-strategy fund and a global multi-strategy relative value fund. It also invested an additional $5 million each with a global macro fund and a managed futures fund. With the new allocations to these managers, the investment board brought its total investments with the four managers to a total of $210 million.
Learn more about these allocations online from Pensions & Investments. You can also learn more about the West Virginia Investment Management Board on its website.