Sunday, 21 December 2014
Last updated 1 day ago
Jun 7 2007 | 8:12am ET
The $1 billion University of Illinois Foundation has allocated $100 million to Grosvenor Capital Management as part of its custom fund of hedge funds mandate. The move brings the foundation to its 10% target for hedge funds.
The foundation’s nascent private equity program, which it launched a year ago, is ramping up and is starting to get capital calls for direct commitments from cash starved p.e. firms, according to sources familiar with the foundation’s alternative investment program. It currently has some $18 million allocated to 10 to 15 managers, and is targeting a 10% allocation of its total portfolio to p.e. mandates.
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.