Summary
TRENTON, N.J. (HedgeWorld.com) - The New Jersey Division of Investment will allocate an additional $250 million to three hedge funds, following a meeting of the New Jersey Investment Council last week.
The council, which manages the $74 billion pension fund, will steer $100 million to OZ Domestic Partners II Ltd., a multi- strategy hedge fund managed by Och-Ziff Capital Management. Europe and Asia account for approximately half of the fund's current exposure, and Daniel Och, founder of the $15 billion firm, remains active in the fund's operation.See the full content of this document
Extract
Three Funds See N.J. Investments
Another $85 million will go to Wellington Management's Archipelago Partners LP, a long/...
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