Articles and Video on Hedge Funds
Chicago transit employees pension fund scheduling arrival of new hedge fund manager
trueChicago Transit Authority Employees Retirement Plan is searching for at least one global macro hedge fund manager to run $5 million to $10 million total.
UPS gets best of both worlds with fund-of-funds platform
trueUnited Parcel Service Inc. combined investment insourcing with operational outsourcing in building its fledgling opportunistic hedge fund of funds for its U.S. defined benefit plans.
Illinois Teachers fund embraces directness
trueThe Teachers' Retirement System of the State of Illinois, Springfield, is drastically restructuring its $2 billion hedge fund portfolio in a move to all direct investments within the next two to three years.
Illinois Teachers to scout for hedge fund consultant, risk management
trueIllinois Teachers' Retirement System, Springfield, plans searches for a hedge fund consultant and a hedge fund risk management provider as part of a restructuring of the $39.6 billion pension fund's hedge fund portfolio.
First-quarter net inflows into emerging markets hedge funds exceed previous two-year total by a wide margin
trueEmerging markets hedge funds saw $1.82 billion of net asset inflows during the first quarter of 2013, according to data released Wednesday by Hedge Fund Research. The total for the quarter is 60% higher than the total amount of net inflows such funds had over the previous two years. Net inflows ...
Highland Capital taps PE veteran to lead Seoul office
trueJun Park joined the Seoul office of alternatives investment firm Highland Capital Management as director of business development for Korea, a spokesman confirmed Tuesday.
University of California regents make sweeping asset allocation changes
trueUniversity of California Board of Regents' investment committee approved on Tuesday a significant reduction to its fixed-income exposure to 20% from 65% in its $4.7 billion Total Return Investment Pool.
Returns fail to boost hedge fund inflows — eVestment
trueDespite solid investment returns, net inflows into hedge funds year-to-date April 30 have been flat at 0.2%.
Managed futures funds gain 3.5% in April, lead all hedge fund strategies year to date through April
trueIndex data released Wednesday show managed futures funds rose 3.5% during the month - the most of any substrategy in the Dow Jones Credit Suisse Hedge Fund index. Year to date, managed futures funds are up 7.29%, 87 basis points higher than long/short equity funds and 107 basis points higher than ...
PENN Capital adds investor relations post for alternatives
trueRichard Griffith III joined PENN Capital Management Co.'s investor relations team, with primary responsibility for marketing the firm's alternative investment approaches.
Citi: Institutional hedge fund investments will climb to $2.3 trillion by 2017
trueGlobal institutional investment in hedge funds is predicted to increase 56% to $2.3 trillion by year-end 2017 from the end of 2012.
Level Global Investors co-founder sentenced to 6½ years in prison
trueLevel Global Investors co-founder and portfolio manager Anthony Chiasson was sentenced Monday by U.S. District Judge Richard Sullivan in New York to serve 78 months in prison and to pay a $5 million fine.
Falcone agrees to 2-year ban in proposed SEC settlement
truePhilip Falcone, the hedge fund manager who was sued by U.S. regulators over claims he improperly borrowed client money to pay taxes, has agreed to be barred from acting as an investment adviser for two years.
Hedge funds see opportunities in credit investments
trueThe sensitivity of mortgage and other credit investments to an anticipated rise in interest rates can be mitigated, a credit hedge fund manager told attendees at the SkyBridge Alternatives Conference in Las Vegas Wednesday.
Gottex, Astmax to offer absolute-return strategies to Japanese institutional investors
trueGottex Fund Management and Tokyo-based Astmax Asset Management announced Thursday an agreement to work together to provide institutional investors in Japan with absolute-return-focused investment strategies, including hedge funds and multiasset approaches.