Does loyalty lie with the lawyer or the law firm?
Big changes were afoot in the London hedge fund legal scene last week, after New York-based Akim Gump swooped on Simmons & Simmons
31/03/2010
Texas Uni makes new long/short equity hire
The Board of Regents for the $670m Texas Tech University endowment approved a new hedge fund allocation at the end of 2009.
The board awarded $12m to Glenrock Global Partners as part of a move to hire more global long/short equity managers.
The university made an allocation of $10m to Hunter Global Investors in August, and hired Van Eck Hard Assets Portfolio and Blenheim Capital in November.
At the time, the Texas Tech University Endowment allocated around 18.5% to absolute return (not including Van Eck and Blenheim) out of a target of 25%, leaving a potential $43.5m to invest in the strategy.
Eric Fisher, manager of treasury services, told HFMWeek in November that the investment team was also in the process of shifting the endowment’s hedge funds to different categories, such as equity-like hedge funds, absolute return and global macro.
Other hedge funds in the portfolio include Ariel, GMO, King Street, Taconic, Shepherd Investments, Alson, Davidson Kempner, Wexford, OZ Asia, Fir Tree and Silver Point.
- Share
-
Text Size
Decrease text size
Increase text size
Editor's view: 8 February 2012
Speculative moves, a perceived landgrab and a potential bidding war in the hedge fund sector have all opened up in recent weeks
Comment: Julian Korek
"Advisers need to be analysing key considerations and determining where they fall in the spectrum of SEC registration; no easy task given the scope of the legislation"
Investor demand for CTAs is on the rise, says Agecroft Partners
Agecroft Partners is seeing widespread demand from institutional investors for Commodity Trading Advisors (CTAs), which is a dramatic change from the historical reluctance of many institutional investors and their consultants to allocate to this strategy.
Read More29/02/2012
UK: Open Protocol: The Challenge and Opportunities of Standardising Hedge Fund Risk Reporting
Join us and our panel of experts for HFMWeek's Subscribers' Club February's UK breakfast briefing…
29/02/2012
US: Endowments and Foundations in Hedge Funds
The next US HFMWeek Subscribers' Club breakfast, will take place on Wednesday February 29. Join…
02/02/2011
European Hedge Fund Services Awards 2012
HFMWeek's European Hedge Fund Services Awards are designed to recognise companies that have outperformed...
Be the first to comment on this article!