Pensions & Investments – In two years, Timothy M. Walsh has taken the New Jersey Division of Investment to the third phase of its hedge fund investment evolution: a true strategic partnership with one of its first hedge fund managers.
Only a few institutional investors have similar, collaborative relationships with hedge fund managers. New Jersey goes one step further, allowing a look earlier this month into the nature of the relationship and the attractive terms struck with Och-Ziff Capital Management Group LLC.
