AppId is over the quota
Boston’s municipal pension system has allocated $60 million to a New York hedge fund firm.
The $4.7 billion State-Boston Retirement System has chosen EnTrust Capital, according to HFMWeek.
EnTrust takes over from Arden Asset Management, which the pension terminated business with in March.
EnTrust Capital has gained name recognition in recent years for having an investor in New York Governor Andrew Cuomo, until he ended his relationship with the long/short firm in 2009.
The firm has $550 million in assets under management.
Go to HFMWeek article
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