NYP – In a rare move, the board that oversees the city’s retirement fund for civil servants killed a proposal to invest in a high-yield hedge fund — run by one of the city’s biggest investors in charter schools, sources told The Post.
The New York City Employees’ Retirement System nixed a recommendation from the comptroller’s office to sink a portion of its $54 billion pension fund into Gotham Asset Management, which is run by Success Academies co-founder Joel Greenblatt.
