Tuesday, 1 December 2015
Last updated 14 hours ago
Jun 30 2011 | 12:40pm ET
Canada’s Wilfrid Laurier University has made its first hedge fund investments in line with its new 15% allocation to alternative strategies, reports HFMWeek.
The university, which has $372.3 million in its endowment and pension funds (the WLU Pension Plan, the WLU Endowment Fund and the WLU Balsillie Fund), has hired the Canadian hedge fund Polar Securities as part of a new alternative strategies portfolio.
WLU, which had previously allocated 60% of its investment portfolio to equities and 40% to bonds, reduced these asset classes to 53% and 32%, respectively, this year to make room for alternatives.
Each WLU fund has invested in two Polar Securities vehicles: the multi-strategy North Pole Capital Investments fund and the Altairis long/short equity fund.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…