Friday, 19 September 2014
Last updated 8 hours ago
Mar 11 2011 | 11:35am ET
The Texas Tech University System has added a pair of hedge funds to its absolute return portfolio.
The school's board of regents approved the hiring of Argonaut Capital Management and Discovery Capital Management in December. The two fund join such firms as Davidson Kempner Capital Management, King Street Capital, Silver Point Capital, Taconic Capital Advisors and Wexford Capital on the $775 million endowment's hedge fund roster.
Argonaut specializes in global macro investing. Discovery focuses on emerging markets, investing in stocks, bonds and currencies.
Texas Tech currently invests 22% of its assets in absolute return vehicles, below its target allocation of 25%.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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