The Alaska Retirement Management Board has put one of it hedge fund managers, Mariner Investment Group, on watch, HFMWeek reports. The move follows the acquisition of a majority stake in the hedge fund by Japanese financial
services firm, Orix. The board currently invests nearly 4.3% of its overall investment portfolio in five hedge fund managers, GAM, Prisma Capital Partners, Cadogan Management, Crestline Investors and Mariner. The board will increase its current allocations to GAM and Prisma and reduce its investments in Mariner and Crestline.
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