R.I. Investment Commission reviews hedge fund in executive session

Providence Journal – For reasons that remain unexplained, the state Investment Commission, headed by Governor-elect Gina Raimondo, went behind closed doors last Wednesday to “review” a hedge fund in which it has $61.7 million of the state’s pension dollars invested: Mason Capital.

Asked to explain, Raimondo spokesman Ashley Gingerella-O’Shea drew attention to the exemption that the state’s Open Meetings Law provides for any “matter related to the question of the investment of public funds where the premature disclosure would adversely affect the public interest.”

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