Cheshire (Conn.) Retirement Board hired Pointer Capital to run a $2 million hedge fund-of-funds portfolio, said James Jaskot, the city’s finance director/treasurer.
The $65 million pension fund’s board approved the hiring at its Aug. 3 meeting. Pointer Capital primarily invests in long/short equity strategies, but also commodities and distressed securities strategies.
Investment consultant Graystone Consulting assisted.
