NEW YORK (Reuters) - New York City is exploring putting some of its pension fund of more than $100 billion (64 billion pounds) into U.S. infrastructure funds and whether this is "a good time" to invest in hedge funds, Comptroller William Thompson said on Friday.

One impetus for considering such stakes now is the losses seen in the shares of companies the fund owns, the Democratic comptroller said in an interview on CNBC television.

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Posted by boyang at October 29, 2008 5:11 AM