Sunday, 2 August 2015
Last updated 1 day ago
Nov 20 2006 | 11:36am ET
Hedge fund investments have been very kind to university endowments and, over the past five years, those endowments have returned the favor.
The 53 biggest endowments in the U.S.—those with at least $1 billion in assets—have plunked $40 billion into hedge funds during that period.
All told, those allocations represent about one-fifth of the total assets in those endowments, which combined total some $217 billion. By a three-to-one margin, the endowments prefer the single-manager route to funds of hedge funds, according to the InvestHedge Billion Dollar Endowment Club report.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…