Articles and Video on Hedge Funds
Texas Tech corrals Pinnacle for hedge fund of funds
trueTexas Tech University System endowment invested $25 million in Pinnacle Opportunity Fund, a hedge fund of funds managed by Pinnacle Asset Management.
BNP Paribas acquires Credit Suisse's hedge fund admin business
trueBNP Paribas Securities Services has acquired Credit Suisse Prime Fund Services, a fund administration business for hedge funds and hedge funds of funds, said Jonathan Taylor, BNP Paribas spokesman.
El Paso County eyes hedge fund-of-funds managers
trueEl Paso County Retirement Plan, Colorado Springs, Colo., will hear recommendations on potential hedge fund-of-funds managers from its investment consultant, Watershed Investment Consultants, at its Aug. 25 board meeting.
Napier Park returns hedge fund assets to Citigroup
trueSpecialist credit manager Napier Park Global Capital has returned assets invested in its hedge funds to its former parent company, Citigroup.
Texas County & District boosts investments in 2 long/short equity hedge funds
trueTexas County & District Retirement System doubled its investment in Lakewood Capital Partners to $20 million with a second $10 million allocation on July 1.
Hedge fund manager Winton Capital making headway with long-only strategy
trueNorth American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company.
Co-investing entering new arena: Hedge funds
trueInstitutional investors increasingly are translating co-investment experience in private equity, real estate, infrastructure and energy funds to their hedge fund portfolios.
Permal Group's sovereign advisory head resigns
trueAndrew Rozanov resigned Wednesday as managing director and head of sovereign advisory in the London office of Permal Group, said Alastair Crabbe, a company spokesman, in an e-mail.
SEC investigating hedge funds in House committee insider-trading probe
trueSome of the country’s largest hedge funds are being investigated by the SEC as part of an insider-trading probe.
Credit Suisse: Institutions to ramp up hedge fund investments in second half of 2014
trueInstitutions intend to be more active hedge fund investors in the second half of 2014 than they were in the first.
KKR acquires minority stake in BlackGold Capital Management
trueKKR & Co. will acquire a 24.9% stake in credit hedge fund manager BlackGold Capital Management.
LACERA sets $150 million for ABRY Partners fund
trueLos Angeles County Employees' Retirement Association, Pasadena, Calif., committed $150 million to structured debt fund ABRY Partners VIII.
Pennsylvania Turnpike opens search for GTAA, hedge fund, real estate managers
truePennsylvania Turnpike Commission, Harrisburg, is searching for global tactical asset allocation, hedge fund of funds and value-added real estate managers for its $273 million retiree medical trust.
Distressed and credit strategies lead hedge fund returns through June
trueAccording to Deutsche Bank's monthly hedge fund trend report for June (citing Hedge Fund Research data), the 5.25% median return for distressed funds led all strategies through June, followed by credit (4.76%), global long/short (4.49%) and fixed-income funds (4.34%).
Illinois SURS preps searches for first hedge funds, commodities managers
trueIllinois State Universities Retirement System, Champaign, plans to issue RFPs in its first searches for hedge funds and commodities managers under a new asset allocation that includes a more than 25% reduction in U.S. equities