State of Wisconsin Investment Board (SWIB) has invested $100 million in a hedge fund, Pensions & Investments reports. The board will invest in the Capula GRV Fund with cash. The Capula fund invests in fixed-income and currency arbitrage and relative-value opportunities in the most liquid G3 countries. The $83.3 billion board is seeking to allocate about $1.4 billion of its $73.5 billion core fund to hedge funds.
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