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Massachusetts hires Nierenberg to help oversee hedge fund picks

Reuters – Massachusetts’ state pension fund, which has invested roughly $5 billion in hedge funds, said on Wednesday that it hired a former money manager and current business school professor to oversee these types of investments.

Eric Nierenberg, who earned three degrees from Harvard, including a doctorate in business economics, will join the Massachusetts Pension Reserves Investment Management Board as its senior investment officer-hedge funds and low volatility strategies, Michael Trotsky, the fund’s executive director, said in a statement.

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