Friday, 25 July 2014
Last updated 33 min ago
Jan 15 2007 | 9:24am ET
Cleveland-based Case Western Reserve University’s $1.65 billion endowment, which is looking for a European hedge fund for diversification, has found a candidate and is performing due diligence on the unnamed manager, according to Jason Hart, director of marketable investments.
Hart said the candidate is a long/short equity manager with over $500 million in assets under management. The endowment is in the midst of conducting due diligence on the manager, according to Hart, who declined to specify how much may be allocated to the fund. However, he did say that the endowment is “very close” to reaching its 18% target allocation for hedge funds.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…