Fairfax County pensions investing in liquid crypto

The Fairfax County Police Officers’ Retirement System will likely allocate to their first liquid crypto manager next month, according to CIO Katherine Molnar.

Molnar, speaking on a crypto investing panel at SALT NY conference, detailed the pension system’s early adoption of digital assets, which initially has centered on blockchain technology.

The manager slated to be hired will be long/short oriented and part of the strategy is market neutral.

Morgan Creek Digital, founded by hedge fund allocator and former endowment CIO Mark Yusko, announced a $66 million commitment from the Fairfax Employees . . .

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