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Texas Pension Fund Invests in London HFs

Jan 08, 2013
Jing Chen

The Texas County & District Retirement System has made allocations in two hedge funds.

Pensions & Investments reported that the pension fund has invested $200 million each in Brevan Howard Asset Management and BlueCrest Capital Management, which are both based in London.

Both transactions were made on January 1.

The pension fund manages approximately $17.6 billion for its retirees.

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