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Hedge Funds

Texas County & District puts another $50 million with CQS

Texas County & District Retirement System, Austin, invested an additional $50 million in multistrategy hedge fund CQS Directional Opportunities Fund for a total of $200 million, a transaction report showed.

Investment officials at the $29.8 billion pension plan initially committed $100 million to the fund, managed by CQS (U.K.), in December and topped up the investment with a $50 million investment in March.