Digging Out

Kentucky retirement fund gap demands a solution that may include hedge funds.


Adam Tosh sees the $12 billion Kentucky Retirement Systems confronted with a cold and seemingly insurmountable challenge: How to improve its staggering 70 percent funding shortfall to keep pace with $1.5 billion in annual pension and insurance commitments.

Tosh is fairly certain that one answer will include a maiden venture into hedge funds.

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