Searches and Hires

Texas County & District puts $100 million in Putnam hedge fund

Texas County & District Retirement System, Austin, invested $100 million in Putnam Bluescale Fund, a long/short equity hedge fund managed by Putnam Investments, a transaction report showed.

The most recent hedge fund investment is the $27.7 billion pension fund's sixth in the category for an aggregate total of $570 million year-to-date through Nov. 1.