Tuesday, 22 July 2014
Last updated 3 hours 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%.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…