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

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note