Hedge Funds
A southern police plan has hired 2 long/short managers at a board meeting today.
A Midwestern foundation added several hedge fund managers to its portfolio following a significant shake-up to its manager roster over the fiscal year.
A Texas pension plan axed its hedge fund portfolio target as part of a new asset allocation mix approved last month.
A Southern university allocated a total of $60 million with three new investment managers since the onset of the global COVID-19 pandemic.
A Florida plan terminated two equity managers and disclosed commitments in the first quarter.
A Great Lakes pension plan agreed to terminate a hedge fund manager at today’s board meeting.
A California pension plan made five private commitments at today’s board meeting.
Neuberger Berman is the first major asset management firm to provide advance proxy vote disclosure through its new “NB25+” proxy vote disclosure initiative, according to an announcement.
A Great Lakes plan will consider opportunities in value-add and core real estate among other asset classes moving forward.
A Southern trust fund formally added two new asset classes to its investment policy statement in the fourth quarter.
