Claim: "Providence has more of its pension fund invested in hedge funds and is less transparent" about it than the state.
Fact-check:  R.I. General Treasurer Gina Raimondo says Providence invests more of its pension money in hedge funds than the state does
Verdict: mostly-true
Organisation: PolitiFact
Author: C. Eugene Emery Jr.
Date published: 2013-11-03T00:00:00