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.
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