Chicago Policemen's Annuity & Benefit Fund hired three hedge funds-of-funds managers at a board meeting May 29 according to Pensions and Investments. 

The new managers are Permal Group, Pluscios Management and KKR Prisma, said James P. Maloney, chairman of the $2.9 billion pension fund's investment committee who also is serving as interim chief investment officer, in an e-mail.