Hedge Funds
The manager will look to identify emerging hedge fund firms.
Action will see plan expand its emerging manager program target to $1 billion from $750 million.
A Rocky Mountain-based pension plan added a maiden target to infrastructure and eliminated its target to MLPs as part of a new strategic asset allocation policy.
At least two nonprofit clients of a New York-based hedge fund manager are reviewing their relationships with the firm after a woman accused its ceo of sexual assault.
A pension fund in the Midwest has terminated its hedge fund-of-funds manager due to several years of underperformance.
A Virginia-based pension plan approved one hedge fund commitment and the termination of a second at this week’s board meeting.
A university based in New England added hedge fund and domestic equity investments to its endowment last month.
A Southwestern plan will issue its RFP for marketable alternatives after approving a 2.5% allocation to the asset class last year.
The pension fund made more than $175 million in commitments across its portfolio.
