Mich. State Eyes Indus, Standard Pacific

Nov 10 2011 | 9:29am ET

Michigan State University's endowment is set to invest more than $30 billion with a pair of long/short hedge funds.

The $1.2 billion Common Investment Fund plans to allocate $18.7 million to Indus Capital Partners and $15 million to Standard Pacific Capital, HFMWeek reports. The investments are backed by MSU's consultant, Cambridge Associates.

The Common fund already invests in Indus' Asia Pacific Fund. It may now add the firm's Europe Fund "with proceeds of a withdrawal from the Martin Currie European Hedge Fund."

As for Standard Pacific, Cambridge has recommended the firm's Global Long/Short Equity Fund.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note