Arizona System To Boost HF Allocations

Arizona Public Safety Personnel Retirement System is planning to expand its hedge fund portfolio.

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

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