Institutional Investors

Standard Pacific and Indus make it onto Michigan State’s roster

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Michigan State University
Michigan State University continues to build up its marketable alternatives portfolio with two new global long/short hedge fund mandates totalling roughly $34 million.

Standard Pacific Capital received a $15 million allocation to manage in the Standard Pacific Global Long/Short Equity Fund, which includes investments in North America and Asia. Doug Dillard and Raj Venkatesan have been the co-portfolio managers of the fund since 2005. The hedge fund focuses on bottom-up stock selection without market bias and analysts cultivate deep and unique contacts across industry, regulatory and geographic channels.

The second mandate totalled