Rockefeller Financial—the former Rockefeller & Co.— is looking to bring on more staff in 2010 to keep up with the firm’s growth and make a push to prospect new clients, said Austin Shapard, president and coo.
Jeffrey Gundlach, ceo of DoubleLine Capital, is already devising new ideas for investment strategies in addition to DoubleLine's debut strategies.
A year after its inception, GJ Investment Funds, an emerging manager from Flemington, N.J., is ready to go after institutional investors.
No doubt many of you have been glued to the television set for the past few days watching the action from the Winter Olympics.
Alexander Zabik, a former managing director at BlackRock, is launching WestRiver Real Estate Finance Fund, a high yield fund.
Standard Life Investments' Global Absolute Return Strategies Fund has more than doubled its assets under management over the last 12 months as institutional investors have sought out alternatives to high volatility equity investments.
Jeffrey Gundlach, ceo of DoubleLine Capital, is planning to liquidate his holdings in TCW’s Special Mortgage Credit Funds I and II and is launching two new funds.
Jeffrey Gundlach and other employees of DoubleLine Capital are countersuing TCW in the Superior Court of the State of California in the County of Los Angeles, Central District.
University endowments, long accustomed to comparing themselves to peer institutions, are distancing themselves from these comparisons.
In a year in which nearly all endowments saw their assets plunge, the silver lining was that smaller pools of capital seem to bolster performance on the gridiron.
The annual NACUBO-Commonfund study is out and largest university endowments are still the same: Harvard University, Yale University, Stanford University, Princeton University and University of Texas System.
Glenmede has opened a New York office and has tapped Glenn Switzer and Lee Miller to oversee the team.
Ennis, Knupp & Associates is advising all clients with fixed-income exposure to TCW to terminate the manager.
Leon Black’s Apollo Global Management is moving away from credit and toward investments in restructurings.
Stuart Weisbrod, founder of the now-closed Merlin BioMed Group, recently formed Iguana Healthcare Partners and launched a long/short fund on Jan. 1.
Many nonprofits are keen on increasing their allocation to alternatives over the next six months, according to a recent study of 103 participants by SEI.
Those funds of funds that refuse to evolve their business models are unlikely to gather assets in line with their peers, according to hedge fund managers.
The events of the past year have caused many managers, particularly in alternatives, to become more investor-friendly.
Virid Capital Management is seeking a seed investor for its Virid Eco Fund, a long/short clean-tech strategy that rolled out on Dec. 1.
Endowments and foundations are increasingly concerned about liquidity issues surrounding their portfolios, according to a recent study by Spectrem Group.
University endowments staged a comeback in the second half of the last fiscal year to finish the year ending June 30 with an estimated average return of -19%, according to a recent survey of 504 schools by Commonfund Institute and the National Association of College and University Business Officers.
With Brazil hosting the World Cup in 2014 and the Olympics in 2016, investment opportunities in infrastructure are vast, and both foreign and local investors will put more money to work in the next few years
A student-run hedge fund in upstate New York, which does not charge fees, is turning investors away.
Veda Asset Management, founded by Ridaa Murad, former head of Bear Stearns' India equity group, is preparing to launch an infrastructure fund.
Thanksgiving is a time to reflect on the reasons why we should be thankful. Endowment chief investment officers are no exception, even those who laid a big egg for the fiscal year ending June 30.
Commonfund has launched a new cash management platform to replace its Short Term Fund, a university favorite that was forced to halt redemptions in autumn 2008.
Nonprofit investment committees spend about 35% of each meeting reviewing past performance, according to a recent survey by Vanguard.
Morgan Creek Capital Management, which is run by former University of North Carolina CIO Mark Yusko, launched a credit fund and an Asian private equity offering.
Galleon Group Founder Raj Rajaratnam's recent arrest for insider trading has made those in the hedge fund industry hesitant to trade information on an informal basis.
Callan Associates has named Inga Sweet and Kelly Cliff as co-leads of its Global Manager Research Group, splitting the position that was previously held by Greg DeForrest.
Ottawa-based Mountjoy Capital is readying a portable alpha strategy that it is pitching to institutions, including endowments and foundations.
Michael Ruscetta, former co-head of Goldman Sachs' special-situations group in Toronto and senior staffer at Amaranth Advisors, has founded RCM Partners and launched its maiden hedge fund.
Liability-driven investments, more popular among pension funds, are creeping their way into the endowment asset allocation mix.
Endowments are increasingly spending more time picking the brains of their co-investors in hedge funds.
Long/short hedge funds posted the highest returns in four years, according to the Credit Suisse Alternative Index Replication Indices.
Background checks on hedge fund managers are coming under more scrutiny, as part of an increasing overall focus on due diligence.
Karpus Investment Management, which manages roughly $1.7 billion for high-net-worth and institutional clients, is challenging endowments to top its 10-year track record.
Gene Fisch and Archana Sivadasan have co-founded FS Capital will invest a portion of their management fees in socially-responsible companies.
Arrowhead Credit Research, an independent credit research firm that launched this month, will move into consulting soon.
Carlson Capital, the $4.4 billion Dallas-based hedge fund firm, is preparing to launch a residential mortgage-backed security fund.
Mellon Global Alternative Investments, which manages almost $600 million across four funds of funds, is focusing its marketing efforts on its $140 million Mellon Recovery Fund, a fund of funds that allocates to distressed debt managers.
Oppenheimer Capital has launched the Downside Capture strategy that is designed to generate positive returns in a down market, without eroding profits when the market goes up.
With several top endowments, Ivy League denizens included, reporting their fiscal year results recently, the mainstream press has a had field day slamming the returns, and along with it the "endowment model."
Man Investments is looking to double the number of its managed accounts.
Despite some apprehension by investors, the rally in distressed debt is not over, Peter Duffy, senior portfolio manager and partner at PENN Capital Management, told attendees at Information Management Network’s Foundations & Endowments Summit in San Diego.
Small endowments can emulate the asset allocation models of larger funds despite the difference in asset sizes, Jay Yoder, head of the investment committee at Albright College, told attendees at Information Management Network’s Foundations & Endowments Summit in San Diego.
Rogerscasey is taking a stand to support active management despite recent plummeting performance and the recent tendency of institutions to switch to passive management.
Dennis Hammond, ceo of consultancy Hammond Associates, has gone back on his advice to allocate 5% more to public equities and is now recommending funds move the money back to fixed-income.
Nonprofit healthcare organizations returned an average of -21.2% last year, compared to 8% for 2007, according to a recent study of 143 participants by Commonfund Institute.
Endowments and foundations are increasingly focusing on mission-related and socially responsible investments.
Hedge fund managers are increasingly turning to cap-intro teams to introduce them to prospective employees.
Harvard Management Company released its final numbers, revealing a 27.3% drop for the endowment for the fiscal year ending June 30.
Russell Investments has incorporated global climate change investing into its strategy by launching the OpenWorld Global Climate Change Fund with $35 million.
Diversified Trust Company, which was co-founded by former Vanderbilt University CIO Bill Spitz, is weighing new fund offerings.
New York-based HAGIN Investment Management is planning to roll out a market neutral strategy at the end of the third quarter.
Hari Kumar, co-founder of Singapore-based LionRock Capital, has begun approaching investors for its recently launched LionRock Master Fund.
Ryan Schaper, who previously managed a portfolio at Farallon Capital Management, has formed Point Lobos Capital in San Francisco.