Texas Tech Adds Glenrock To Hedge Fund Stable

Apr 12 2010 | 9:33am ET

Texas Tech University’s endowment took another step towards filling its 25% target allocation to absolute return funds, hiring Glenrock Global Partners to manage $12 million.

The endowment is trying to beef up its global long/short equity portfolio. The university’s board of regents approved the new allocation at the end of last year, HFM Week reports.

Currently, Texas Tech’s absolute return portfolio accounts for about 18.5% of its $670 million in assets. Among its hedge fund managers are Davidson Kempner Asset Management, Och-Ziff Capital Management and Silver Point Capital.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...