Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at editor@evestment.com

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Oklahoma Pension Makes Another HF Investment

Jan 17, 2013
Jing Chen

Oklahoma Police Pensions & Retirement System has allocated $7.5 million to a New York-based hedge fund.

Pensions & Investments reported that the investment in the global long/short equity fund managed by Hoplite Capital Management is the pension fund’s fifth direct hedge fund investment. It also  plans to invest a total of $100 million in 12 to 15 managers by the end of the third quarter.

The funding for the new allocation comes from its redemption from fund of hedge funds firm Attalus Capital as part of its move into direct investments.

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