{"id":27619,"date":"2012-02-24T07:05:42","date_gmt":"2012-02-24T12:05:42","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=27619"},"modified":"2012-02-24T07:05:42","modified_gmt":"2012-02-24T12:05:42","slug":"texas-teacher-fund-moving-into-directional-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2012\/texas-teacher-fund-moving-into-directional-hedge-funds.html","title":{"rendered":"Texas Teacher fund moving into directional hedge funds"},"content":{"rendered":"<p>Pensions &amp; Investments &#8211; Texas Teacher Retirement System, Austin, is in the process of building out a new 5% allocation \u2014 $5.5 billion in current dollars \u2014 to directional hedge funds to bring the $109 billion fund up to its 9% hedge fund target.<\/p>\n<p>Last year, the state Legislature approved an increase in the $109 billion system&#8217;s hedge fund cap to 10% from 5%.\u00a0The fund is maintaining its existing 4% allocation \u2014 about $4.4 billion in current dollars \u2013 that is invested in \u201cstable value\u201d or conservatively managed hedge funds, according to an annual review of external public markets investments presented to the TRS board on Sept. 15 by Dale West, senior director.<\/p>\n<p><a href=\"http:\/\/www.pionline.com\/article\/20120223\/DAILYREG\/120229935\/texas-teacher-fund-moving-into-directional-hedge-funds\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pensions &amp; Investments &#8211; Texas Teacher Retirement System, Austin, is in the process of building out a new 5% allocation \u2014 $5.5 billion in current dollars \u2014 to directional hedge funds to bring the $109 billion fund up to its [&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-27619","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27619","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=27619"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27619\/revisions"}],"predecessor-version":[{"id":27620,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27619\/revisions\/27620"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=27619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=27619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=27619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}