Hollywood (Fla.) Police Officers' Retirement System committed $5.4 million to EnTrustPermal Special Opportunities Fund IV, a hedge fund of funds, said John McCann, senior consultant at AndCo Consulting, the $272 million pension fund's investment consultant.
The pension fund previously committed $5 million to EnTrust Global Activist Fund in 2015. As of June 30, $5.1 million was invested in the fund, the sole portfolio in the pension fund's global equity allocation.
