Arizona Public Safety Personnel Retirement System (PSPRS) is planning to expand its hedge fund portfolio, HFMWeek reports. The PSPRS board of trustees may allocate about $25 million to Louis Dreyfus Investment Group’s LD Commodities Alpha Master Fund.

The board may also allocate about $30 million to Stark Investments’ ABS Opportunities Fund. In April 2011, PSPRS had allocated $50 million to New York-based hedge fund firm Gracie Capital’s Credit Opportunities Fund.

Click here for the story from HFMWeek.

http://www.hfmweek.com/news/1666607/arizona-psprs-plans-new-round-of-portfolio-additions.thtml