S1509 — Prohibits investment by State of pension and annuity funds in hedge funds and derivative contracts.

S1509 — Prohibits investment by State of pension and annuity funds in hedge funds and derivative contracts. · Informed CitizenryThis bill prohibits the State of New Jersey from investing pension and annuity funds into hedge funds or derivative contracts. It amends existing law to clarify that 'investments' managed by the Di…Open in Informed Citizenry