The West Virginia Investment Management Board (IMB) has altered its hedge fund portfolio, HFMWeek reports. IMB has invested $30 million in the Anchorage Capital Partners Fund, while redeeming its $1.9 million investment from the Anchorage Crossover Credit Fund. The $11.7 billion pension fund has also allocated $51.9 million to the Bridgewater Pure Alpha Fund. IMB already has about $6.2 million invested in the Bridgewater Pure Alpha Major Markets Fund.

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