{"id":35938,"date":"2013-06-05T09:17:18","date_gmt":"2013-06-05T13:17:18","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=35938"},"modified":"2013-06-05T09:17:18","modified_gmt":"2013-06-05T13:17:18","slug":"south-carolina-to-overhaul-5-5-billion-hedge-fund-portfolio-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2013\/south-carolina-to-overhaul-5-5-billion-hedge-fund-portfolio-2.html","title":{"rendered":"South Carolina to overhaul $5.5 billion hedge fund portfolio"},"content":{"rendered":"<p>Pensions &amp; Investments &#8211; South Carolina Retirement System Investment Commission over the next nine months will restructure the $5.5 billion hedge fund portfolio it oversees for the $27.3 billion\u00a0South Carolina Retirement Systems.<\/p>\n<p>Under a new asset allocation effective July 1, the target for hedge funds will be reduced to 15% of total assets from 20% and the funds themselves will be recategorized, said Hershel Harper Jr., chief investment officer of the commission. The 5% of assets freed up by the reduction will be moved to other asset classes.<\/p>\n<p><a href=\"http:\/\/www.pionline.com\/article\/20130603\/DAILYREG\/130609993\/south-carolina-to-overhaul-55-billion-hedge-fund-portfolio\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pensions &amp; Investments &#8211; South Carolina Retirement System Investment Commission over the next nine months will restructure the $5.5 billion hedge fund portfolio it oversees for the $27.3 billion\u00a0South Carolina Retirement Systems. Under a new asset allocation effective July 1, [&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-35938","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35938","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=35938"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35938\/revisions"}],"predecessor-version":[{"id":35939,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35938\/revisions\/35939"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=35938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=35938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=35938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}