Thursday, 25 December 2014
Last updated 1 day ago
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.
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…
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