{"id":42219,"date":"2014-05-21T08:03:09","date_gmt":"2014-05-21T12:03:09","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=42219"},"modified":"2014-05-21T08:03:09","modified_gmt":"2014-05-21T12:03:09","slug":"calstrs-backs-hedge-fund-activist-legion-with-first-seed-money","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2014\/calstrs-backs-hedge-fund-activist-legion-with-first-seed-money.html","title":{"rendered":"CalSTRS Backs Hedge Fund Activist Legion With First Seed Money"},"content":{"rendered":"<p>Bloomberg &#8211; California State Teachers\u2019 Retirement System, the second-biggest U.S. public pension system, made its first hedge fund seed investment by committing capital to activist firm Legion Partners Asset Management LLC.<\/p>\n<p>CalSTRS, based in Sacramento, California, pledged $200 million to Legion in February and took a 30 percent minority stake, investment officer Philip Larrieu, who oversees the pension\u2019s allocations to activist managers, said in an interview last week at the SkyBridge Alternatives Conference in Las Vegas.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2014-05-20\/calstrs-backs-hedge-fund-activist-legion-with-first-seed-money.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; California State Teachers\u2019 Retirement System, the second-biggest U.S. public pension system, made its first hedge fund seed investment by committing capital to activist firm Legion Partners Asset Management LLC. CalSTRS, based in Sacramento, California, pledged $200 million to [&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-42219","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42219","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=42219"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42219\/revisions"}],"predecessor-version":[{"id":42220,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/42219\/revisions\/42220"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=42219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=42219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=42219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}