Unhedged Commentary: The Death of Hedge Funds? Not Yet.

Mark Anson, chief investment officer for Acadia Capital and the former CalPERS CIO who steered the pension into hedge funds, on why CalPERS’ exit from these funds won’t start a trend.

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By Mark Anson
Recently, CalPERS, the nation’s largest pension fund, decided to shut down its hedge fund program.

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