Saturday, 20 December 2014
Last updated 1 day ago
Apr 20 2011 | 1:09pm ET
Michigan State University’s endowment is on something of a hedge fund kick. The $1.2 billion Common Investment Fund hired one manager in February and is poised to add two more.
The university’s trustee finance committee has recommended the addition of CrossHarbour Capital Partners and Contrarian Capital Management to its portfolio, HFMWeek reports. In February, MSU hired Conatus Capital to take over a $20 million mandate previously run by Shumway Capital Partners, which in February announced it would return all outside capital to investors.
MSU has a 25% absolute return allocation.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.