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

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

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

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...