Institutional Investors

Texas Tech taps COMAC, Lone Pine and Graham


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