Institutional Investors

University of Kentucky taps Prisma


The $945 million endowment of the University of Kentucky selected Prisma Capital Partners for the absolute return request for proposals it issued late last year.

The $50 million investment was funded and placed in the Prisma Spectrum Fund, according to Susan Krauss, assistant treasurer for investments at the university. Last September, the investment committee voted to terminate GAM, one of three absolute return managers, due to the departure of several investment team members. The investment staff issued a redemption notice from the $43 million investment in GAM, which became effective at the end of