Articles and Video on Hedge Funds
San Francisco pension fund likely to stay out of hedge fund deep end
trueThe board of the $20 billion San Francisco City & County Employees' Retirement System is expected in the next several weeks to reject Chief Investment Officer William Coaker's plan for a 15% allocation to hedge funds and instead reduce the allocation to no more than 5%, sources say.
Hedge funds of funds are competing with consultants
trueHedge funds-of-funds managers are turning the tables on investment consulting firms that have been poaching their institutional clients.
San Francisco board expected to reject 15% hedge fund allocation proposal
trueThe board of the San Francisco City & County Employees’ Retirement System is expected to reject Chief Investment Officer William Coaker’s plan for a 15% allocation to hedge funds at a meeting in the next several weeks and instead limit hedge funds to no more than 5% of the portfolio, sources say.
Hermes closes hedge fund unit, launches multiasset, Greater China teams
trueHermes Investment Management announced several changes to the firm, including that it has closed its Hermes BPK Partners hedge fund-of-funds division.
Chicago Policemen's pension fund to launch hedge fund-of-funds search
trueThe $4 billion Chicago Policemen’s Annuity & Benefit Fund will issue a search for a multistrategy hedge funds-of-funds manager.
Two Sigma gathers $3.3 billion for model-driven macro fund
trueTwo Sigma raised $3.3 billion for a macro hedge fund in one the largest new pools of such capital raised since the 2008 financial crisis.
Texas Municipal taps Albourne as real-return, absolute-return consultant
trueTexas Municipal Retirement System hired Albourne America as its first real-return and absolute-return consultant.
Managers more serious about compliance
truePrivate equity and hedge fund managers, prodded by their institutional clients, are taking compliance more seriously as federal examiners and enforcers up their game targeting practices they say put investors at a disadvantage.
'Amazing' problems hit in one week
trueGlobal equity market volatility in mid-October might have left the worst burn marks since 2008 on many hedge funds, but the stress has created performance dispersion that will help investors better distinguish producers of true alpha.
Evanston Capital Management names business development head
trueLance Donenberg was named principal and head of strategic business development at hedge funds-of-funds manager Evanston Capital Management.
HFR: Hedge fund assets reach another record despite down quarter
trueHedge fund assets in aggregate received just enough net inflows and investment returns to reach a new industry high of $2.8 trillion as of Sept. 30, data from Hedge Fund Research showed.
SEC picks hedge fund expert as OCIE deputy director
trueMarc Wyatt was named deputy director of the SEC’s office of compliance inspections and examinations, the agency announced Monday.
Global, diversified managers in best position moving forward — report
trueImprovements in technology and regulatory reform have made geographical constraints even less of an issue in terms of capital management, resulting in the asset management industry becoming more global, a recent report by Goldman Sachs said.
Austin Police narrows hedge fund-of-funds search to 2 finalists
trueAustin (Texas) Police Retirement System named two finalists in its search for a hedge fund-of-funds manager to run approximately $30 million, said Sampson Jordan, CEO of the $622 million pension fund, in an e-mail.
TCW expands alternatives marketing team
trueWilliam Lloyd has joined TCW Group as managing director and head of alternatives marketing and Joseph Quinn joined as head of alternative marketing, said company spokesman Doug Morris on Thursday.