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Political Challenge

Political Challenge For public pension plan executives, the politics of investing in hedge funds can at times be more challenging than finding and vetting the managers with whom to entrust their money.

FOR PUBLIC PENSION PLAN EXECUTIVES, the politics of investing in hedge funds can at times be more challenging than finding and vetting the managers with whom to entrust their money. That's certainly been the experience of Orin Kramer, chairman of the New Jersey State Investment Council, which oversees the investment

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