Institutional Allocation to The Bornhoft Group (originally named Hart-Bornhoft, Inc.): The Virginia Retirement System allocates $100 million to a managed futures pilot program. The Bornhoft Group is one of three trading managers selected for allocations. This is the largest dollar commitment ever by a state pension plan. At the request of this institutional investor, The Bornhoft Group produces its first bespoke multiple-CTA solution.