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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Indiana Pension Invests in Hedge Funds

Apr 30, 2013
Jing Chen

Indiana Public Retirement System has invested an additional $365 million in new absolute-return hedge fund investments.

Pensions & Investments reported that the pension system committed $100 million each to Emerging Sovereign Group, MKP Capital Management and Kepos Capital. An additional $65 million was allocated to U.K.-based hedge fund firm Oxford Asset Management. 

The allocations to all but the Kepos fund were made on March 1; the Kepos investment was made on April 1.

The pension system manages about $27.1 billion for Indiana’s state employees.

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