Indiana Public Retirement System, Indianapolis, at a meeting April 26 announced a total of $365 million in new absolute-return hedge fund investments the $27.1 billion pension fund made since March 1, according to an investment report presented at the meeting.
Commitments of $100 million each were made to Emerging Sovereign Group, which runs an emerging markets long/short equity fund; MKP Capital Management, for a long/short structured credit fund; and Kepos Capital for its Kepos Macro Fund.
Oxford Asset Management was given $65 million for its quantitative equity market-neutral fund.
The commitments to all but the Kepos fund were made on March 1; the Kepos commitment was made April 1.
