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.
The new hire brings a hedge fund strategy with him.
A pension fund in the Midwest has issued a volatility risk premium RFP after approving the search last week.
A university foundation based in the Midwest swapped emerging markets equity managers this summer.
A Midwestern pension plan expects to issue four RFPs for alternative asset classes.
A Rocky Mountain-based pension plan will move a recently terminated hedge fund-of-funds mandate to a more conservative approach in the asset class.