Monday, 29 December 2014
Last updated 2 hours 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.
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.