Reuters – Europe-focused hedge fund Oceanwood Capital Management has won a $50 million investment from School Employees Retirement System of Ohio (SERS), a nearly 3 percent boost to its $1.85 billion assets under management.
The investment marks a significant institutional backing for Oceanwood and is part of a combined $160 million commitment by SERS to three funds, including Redwood Offshore Fund and real estate fund PRISA II, a statement on the SERS website said.
