The $56.1 billion Maryland State Retirement & Pension System disclosed a series of private debt, private equity and hedge fund investments totaling $610 million at its February meeting.
The largest allocations were in absolute return strategies with Contrarian Capital Management and Voloridge Investment Management receiving allocations of $200 million each. The allocation to Contrarian was for its event driven fund Contrarian EMMA II. David Vogel’s Voloridge Fund is relative-value strategy.
In 2019, the retirement system allocated $750 million to absolute return strategies including allocations to Tudor, Standard General and Lone Star funds . . .
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