Pension plan allocates $ 200 M to hedge funds

San Diego County employees retirement Association (SDCERA) is planning to allocate $ 200 million to hedge funds.

Pension plan will devote 100 million dollars to long/short credit hedge fund Saba Capital Management, while the remaining $ 100 million is dedicated to the Shaw as part of its global macro/CTA portfolio, by HFMWeek.

SDCERA currently allocates approximately 1.7 billion dollars to 17 global macro and relative value hedge funds.

Go to HFMWeek article