Pension funds -- traditionally among the stodgiest investors around -- are starting to dabble in hedge funds, real estate and other "alternative" investments once considered too dicey. Now, a major fund in Texas is about to place a much bigger bet. The Teacher Retirement System of Texas is planning to shift about one-third of its $112 billion in assets to alternative investments. It's one of the largest-ever pension-fund wagers on investments like these. Source : http://online.wsj.com/article/SB118...l?KEYWORDS=hedge+fund&COLLECTION=wsjie/6month Finally, pension funds waking up ! Good news for hedge funds !