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S.F. Board To Vote On Controversial Hedge Funds For Pension Fund
FYI: The board of the San Francisco Employees’ Retirement System is scheduled to vote Wednesday on a controversial proposal to invest $3 billion — 15 percent of its assets — in hedge funds. The system, which manages $20 billion in pension money on behalf of about 50,000 active and former city employees, has no hedge funds today. Regards, Ted http://www.sfgate.com/business/networth/article/S-F-board-to-vote-on-controversial-hedge-funds-5862357.php