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
28/04/2010
University of Maine hires Permal
The $236m University of Maine System (UMS) managed investment pool is considering hiring a new fund of hedge funds (FoHF). Investment staff at the university evaluated New England Pension Consulting’s (NEPC) recommendation that the system hire Permal Group as a FoHF manager and allocate $5m to the fund. The allocation came from the university’s liquidity pool increased its hedge fund exposure, however, it will remain short of target. “NEPC will monitor pools to evaluate any liquidity risks, especially if the market were to repeat 2008’s performance,” states the February investment committee minutes. The university has received nearly all of its assets from the Commonfund Absolute Return fund which closed last March, HFMWeek reported exclusively at the time.
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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...
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