UTIMCO readies injection into hedge fund programme despite redemptions

Tue Sep 1, 2009

The University of Texas Investment Management Company will likely boost its hedge fund allocation to 33% from the current 30% despite nearly $500 million in hedge fund redemptions earlier this year and more than $1 billion in net redemptions over the nine months ended 31 May.

Trustees have discussed investment policy changes for the $19 billion portfolio for the last few months with the current proposal...

ISSN: 2151-1845 / CDC10004H

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