NY CRF launches emerging managers hedge fund portfolio

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US - The New York State Common Retirement Fund has hired The Rock Creek Group to run the first mandate in its new emerging managers hedge fund programme, and said a new emerging managers real estate programme is in the works.

State comptroller Thomas DiNapoli said: "We want to replicate the great success we've had with emerging managers in the Fund's public and private equities portfolios." The Rock Creek, run by for...

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