The University of Nebraska Foundation is adding hedge funds to its asset mix.
The $1 billion plus portfolio is one of the few university endowments of its size that has not invested in hedge funds to date. The portfolio has included stocks, bonds and real estate investments. Over the last 20-plus years the foundation has grown from $175 million, reaching to $1.6 billion in 2008.
Other endowment InvestHedge Billion Dollar Club members have been challenged to put additional assets in hedge funds. For example, the largest US university endowment, Harvard University, plans to maintain a smaller allocation to