Harvard Endowment Names Columbia’s Narv Narvekar CEO
Current Columbia CIO Peter Holland will replace Narvekar, who takes over Harvard's $36 billion endowment on December 5.
News Archive: Sep - 2016
Och-Ziff to Pay $400M to Settle Bribery Charges
The hedge fund group made “illicit payments” to African officials for access to mining assets and to encourage investment in Och-Ziff funds, the SEC alleged.
Cornell Endowment Plots Office Move to NYC
The relocation will help attract more investment talent and place the fund “closer to world markets,” its CFO says.
Hedging on Liquid Alternatives
Can liquid alts provide the same benefits as a traditional hedge fund—or are they just a cheap knock-off?
DTE Energy Names CIO
Fiat Chrysler’s Angela Buk will fill the role left open by Paul Cavazos’ summer departure.
Rhode Island Halves Hedge Fund Allocation
The state pension aims to reallocate towards low-cost passive funds in a bid to cut costs and boost returns.
Michigan State Endowment Begins Building Investment Team
Following Phil Zecher’s appointment as its first CIO last year, the endowment has hired two new investment officers.
A Death Knell for UK Pensions?
Soaring costs could mean no FTSE 100 employee has access to a DB pension in three years’ time, a consultant has warned.
Funds-of-Funds, Public Pensions Most Likely to Get Preferential HF Terms
Hedge funds negotiate the fewest side letters with corporate pensions and non-profit institutions, according to law firm Seward & Kissel.
Newsmakers
When the Dust Settles
Has transition management finally laid the ghosts of scandals past to rest?
How Short-Term Noise Affects Risk Taking
Fewer updates on price movements leads to riskier investments and higher returns, research shows.
Preqin: Private Debt Becoming ‘Fixture’ in Portfolios
More than two-thirds of surveyed investors planned to grow their allocations to the asset class over the long term.
Hedge Fund Billionaire Leon Cooperman Charged with Insider Trading
Leon Cooperman and Omega Advisors allegedly profited from nonpublic information, the SEC claims.
Insourcing Drive for PPF, Railpen
Two of the UK’s largest asset owners have created new roles as they expand their in-house teams.
Boston University Endowment Hires from Cambridge Associates
Charles Haigh, the consultant’s hedge fund co-head, has joined the $1.6 billion endowment as an investment director.