Case Western Eyes European Long/Short Manager

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.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…