Hedge Funds

A university in the South approved three private equity commitments and redemptions from two hedge fund managers within its endowment.

The plan approved two manager searches at a meeting last week and also terminated a manager.

Institutions are struggling with how to allocate their alternatives portfolios in search of alpha in today’s markets due to interest rates near all-time lows, tight credit spreads and high equity valuations, according to a recent webinar.

He will lead global trading and manage an index strategy.

A university based in the Midwest approved an allocation with a hedge fund manager within its non-endowment portfolio this month.

They will lead all asset raising activities, provide client service and facilitate all due diligence requirements.