New Hampshire Retirement System, Concord, hired DoubleLine Capital to run $50 million in an unconstrained, global fixed-income portfolio, said Marty Karlon, spokesman.
The $7.2 billion pension fund hired DoubleLine to run its flexible income strategy, which invests in U.S. government and corporate debt, and developed and emerging markets debt, among other fixed-income strategies.
Mr. Karlon had no further information.
Investment consultant NEPC assisted.