{"id":30519,"date":"2012-08-06T00:59:05","date_gmt":"2012-08-06T04:59:05","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=30519"},"modified":"2012-08-06T00:59:05","modified_gmt":"2012-08-06T04:59:05","slug":"texas-permanents-plan-to-change-hedge-fund-portfolio-hits-a-snag","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2012\/texas-permanents-plan-to-change-hedge-fund-portfolio-hits-a-snag.html","title":{"rendered":"Texas Permanent&#8217;s plan to change hedge fund portfolio hits a snag"},"content":{"rendered":"<p>Pensions &amp; Investments &#8211; Texas Permanent School Fund&#8217;s slow journey toward direct investment in hedge funds hit a traffic jam, thanks to the state education agency&#8217;s decision that the permanent fund must reconsider a proposal to terminate three of its five hedge funds-of-funds managers.<\/p>\n<p>The Texas State Board of Education and its committee on finance\/ Permanent School Fund, which oversee management of the $24.4 billion Austin-based educational endowment, have spent more than a year in heated debate over a recommendation to move to direct investment in hedge funds through strategic relationships with two existing hedge funds-of-funds managers. Implicit in the proposal was terminating three hedge funds of funds.<\/p>\n<p><a href=\"http:\/\/www.pionline.com\/article\/20120806\/PRINTSUB\/308069969\/texas-permanents-plan-to-change-hedge-fund-portfolio-hits-a-snag\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pensions &amp; Investments &#8211; Texas Permanent School Fund&#8217;s slow journey toward direct investment in hedge funds hit a traffic jam, thanks to the state education agency&#8217;s decision that the permanent fund must reconsider a proposal to terminate three of 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-30519","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30519","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=30519"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30519\/revisions"}],"predecessor-version":[{"id":30521,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30519\/revisions\/30521"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=30519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=30519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=30519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}