Texas Tech University approved three new managers earlier this year, with allocations going to COMAC Capital, Graham Capital and Lone Pine.
COMAC, a global macro fund, and Graham Capital, a quantitative hedge fund, are said to have received $15 million allocations. Lone Pine’s portfolio saw undisclosed amounts allocated to its Dragon and Cascade funds.
Dragon Pine is a long-only active allocation to emerging-market equities, while Cascade is a long-only active equity allocation to both developed and emerging markets.
Earlier this year, the $790 million endowment added the Discovery Global Opportunity Fund to its hedge fund programme. Officials have