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W.V. Adds $30 Million To Hedge Funds

FIN – West Virginia’s public-pension manager has increased its investment with four hedge funds.

The West Virginia Investment Management Board gave $30 million to four existing managers. Carlson Capital’s Double Black Diamond fund and Pine River Capital Management’s eponymous fund each received $10 million more, bringing their total allocations from WVIMB to $70 million.

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