A community foundation added a new fixed-income manager across two of its portfolios and two hedge fund managers in its socially responsible investment portfolio last year.
A college in New England updated the target asset allocation for its endowment last year, increasing allocations to global equity and long/short hedge funds.
The reliance on alternative investments led investors and allocators to pinpoint small, niche private equity managers, short-trading hedge funds and global private debt funds as key areas to capitalize on with the goal of yielding outsized returns.