{"id":13724,"date":"2010-01-19T10:20:30","date_gmt":"2010-01-19T14:20:30","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=13724"},"modified":"2010-01-19T10:20:30","modified_gmt":"2010-01-19T14:20:30","slug":"u-s-pension-fund-invests-250-mln-with-finisterre","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2010\/u-s-pension-fund-invests-250-mln-with-finisterre.html","title":{"rendered":"U.S. pension fund invests $250 mln with Finisterre"},"content":{"rendered":"<p>Reuters &#8211; The giant New York State Common Retirement Fund has invested $250 million with emerging markets manager Finisterre Capital in a further sign pension plans are backing hedge funds despite losses during the credit crisis. The $126 billion fund (NYSCRF), the third largest pension plan in the United States and already an investor with Finisterre, has provided the seed capital for the Finisterre Emerging Markets Fund, a feeder into Finisterre&#8217;s three existing hedge funds.<\/p>\n<p>NYSCRF&#8217;s investment will be locked up for two years, although it will be able to shift weightings between the three funds every quarter.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/www.reuters.com\/article\/idUSLDE60H1LX20100118?type=marketsNews\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; The giant New York State Common Retirement Fund has invested $250 million with emerging markets manager Finisterre Capital in a further sign pension plans are backing hedge funds despite losses during the credit crisis. The $126 billion fund [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-13724","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=13724"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13724\/revisions"}],"predecessor-version":[{"id":13726,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/13724\/revisions\/13726"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=13724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=13724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=13724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}