Hedge Funds

Plan will interview finalists in alternative risk premia, systematic trend following defensive equity after narrowing the searches at today’s meeting.

A Rocky Mountain pension plan terminated its hedge fund-of-funds manager following a ten-year forward looking asset allocation study.

A foundation based in the Mid-Atlantic region added two hedge fund investments and a private real estate fund in the fourth quarter.

The plan approved investing $7 million in a credit hedge fund at its board meeting yesterday.

A Northwestern pension plan hired an absolute return bond manager to replace its terminated mandate with hedge fund-of-funds manager Castine Capital Management at yesterday’s board meeting.

A university in the South increased its domestic equity target last year at the expense of its international equity, absolute return and long/short allocations.