Pensions Pour $18 Billion Into Hedge Funds

Apr 4 2011 | 1:00pm ET

Pension funds resumed their whole-hearted embrace of hedge funds in the first quarter, pouring $18 billion into the sector.

The combined total of net inflows and pending searches is the highest in four years, Pensions & Investments research shows; hedge funds took in $25 billion in institutional money in the first quarter of 2007.

"Institutional investment is back to pre-2008 levels," Stephen Nesbitt of hedge fund consultant Cliffwater told P&I.

Net institutional hedge fund activity is up 38% from the first quarter of last year, and P&I warned that its figure is likely an underestimate of total activity.


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.