Hedge Funds
A Midwestern pension plan approved a new target asset allocation at last week’s meetings.
A Texas-based pension plan made several alternatives commitments over the last several months.
A pension plan in a Mid-Atlantic state will launch a search for non-discretionary hedge fund consulting services in March.
A global consulting firm suggests healthcare organizations “with the appropriate appetite” diversify away from U.S. Treasury bonds and invest in opportunistic credit funds, private debt and hedge funds to reduce risk and enhance return, according to a recent white paper.
A university in the Northeast approved adding a venture capital commitment and hedge fund investment last month.
A West Coast plan has approved a new core bonds allocation this week.
A Missouri-based university plans to increase its hedge fund allocation this year.
An Eastern pension plan received a hedge fund termination recommendation last month.
Pension funds and endowments have been the backbone of the hedge fund industry for much of the past decade. But many of these institutional investors are now turning away from the $3tn-in-assets sector, dismayed by high fees and relatively lacklustre returns.
A Midwestern pension fund has retained its hedge fund consultant.
