New Jersey Division of Investment Increases Alternatives Target
Posted on 05/25/2012
The New Jersey Division of Investment manages public pension money. The US$ 72.4 billion fund has increased its allocation to alternatives from 26% to 29.7% which will take effect on July 1, 2012. The State Investment Council endorsed the allocation on Thursday. New Targets for Alternatives Hedge Funds 10% to 12.5% Private Equity 7% to […]
