Indiana Grain Company, LLC

Posted: 03/02/10

By: tomgrisafi

We at Indiana Grain have learned that hedge funds are quite popular these days in the Hoosier state. It turns out, in fact, that the Indiana Public Employees’ Retirement Fund is pouring $300 million into hedge funds.

The public pension fund’s board has made allocations to three hedge funds, IM Weekly reports.

The biggest beneficiary of the Hoosier state’s investment is Prima Capital Advisors, whose Mortgage Investment Trust is to receive $150 million.

PERF allocated another $100 million to PIMCO’s PAAMCO II Fund. Level Global Investors is to receive $50 million.

Source: Wall Street Journal

Be the first to comment on this blog!