Monday, 30 March 2015
Last updated 18 min ago
Dec 16 2010 | 1:09am ET
The University of Washington endowment is moving closer to its target allocation for hedge funds with an increased allocation to SIR Capital Management.
The $1.95 billion endowment added $15 million to its investment with SIR, capping a year in which it had already invested $70 million in three new managers, Convexity Capital Management, Regiment Capital Advisors and Deerfield International, HFMWeek reports.
All told, the university invests with 16 hedge funds, which manage 12% of its assets. The endowment has a target allocation to absolute return funds of 20%.
Mar 9 2015 | 6:35am ET
As 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…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…