Fairfax County, Virginia Pension Funds Exposed to Genesis Bankruptcy

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Fairfax County, Virginia Pension Funds Exposed to Genesis Bankruptcy

The Fairfax County Police Officers Retirement System, led by Chief Investment Officer Katherine Molnar and managing about $1.8 billion as of last summer, has invested in the crypto industry since 2019 – a notable and extremely rare step for pension funds. Prior investments have included a $50 million commitment in Morgan Creek’s blockchain fund. www.coindesk.com

The Fairfax County Police Officers Retirement System, led by Chief Investment Officer Katherine Molnar and managing about $1.8 billion as of last summer, has invested in the crypto industry since 2019 – a notable and extremely rare step for pension funds. Prior investments have included a $50 million commitment in Morgan Creek’s blockchain fund.

www.coindesk.com