UTIMCO to put $3.8 billion up for grabs in '06

Williamson, Christine
October 2005
Pensions & Investments;10/3/2005, Vol. 33 Issue 20, p1
The article reports that University of Texas Investment Management Co. will start doling out nearly $4 billion to external money managers next year. The money, now primarily in short-term securities, will go into more sophisticated investments, with hedge fund managers possibly coming in for $1 billion. The average hedge fund allocation was 20.2 percent for educational institutions with more than $1 billion in assets, according to 2004 data from the most recent study of endowment investments by the National Association of College and University Business Officers, Washington.


Related Articles

  • UTIMCO Makes Changes to Manager Roster. Lewis, Jakema // Investment Management Weekly;3/27/2006, Vol. 19 Issue 12, p1 

    Reports on the decision of the University of Texas Investment Management Co. (UTIMCO) to terminate several managers from its roster during its board meeting to be held on March 30, 2006. Information on investment managers that will be terminated; Reasons behind the decision of UTIMCO; Plan of...

  • Hedge funds back regulatory push. Fernandez, Tommy // Crain's New York Business;10/6/2003, Vol. 19 Issue 40, p3 

    The article reports on the plans of the U.S. Securities and Exchange Commission (SEC) to begin forcing fund managers to register as investment advisers, thus making their accounts subject to regular inspections. One factor makes the new rules more palatable to hedge funds, which are loosely...

  • Hedge funds riskier for smaller non-profits, study says. Williamson, Christine // Pensions & Investments;9/20/2004, Vol. 32 Issue 19, p43 

    Small endowments and other non-profit organizations might be more vulnerable to the risks of hedge fund investments than their larger brethren, according to new research from the Global Credit Research unit of Moody's Investors Service, New York. That's because many smaller colleges are jumping...

  • More hedge funds riding wit City of New Orleans. Williamson, Christine // Pensions & Investments;4/3/2006, Vol. 34 Issue 7, p33 

    The article reports on the decision on City of New Orleans Employees Retirement System to double its hedge fund roster to 20 managers. Contracts and final details are being finalized for 14 single-strategy hedge fund investments that should be funded with a total of $11 million within the next...

  • The Investment Act:A new regulatory framework for establishment and distribution of hedge funds in the German investment market. Reinhardt, Bj�rn; Zillmann, Udo // Journal of International Banking Regulation;Jul2004, Vol. 5 Issue 4, p358 

    The new Investment Act came into force in Germany as a part of the new German Investment Modernisation Act on 1st January, 2004. This paper focuses on the provisions of the new Investment Act, which allows the establishment and distribution of hedge funds in Germany for the first time. It begins...

  • Ohio Schools Seeks Hedge Fund Consultant. M. S. // Investment Management Weekly;4/9/2007, Vol. 20 Issue 14, p2 

    The article reports on the search of the School Employees' Retirement System of Ohio for a hedge fund consultant. An asset allocation policy was approved by the retirement system in which hedge funds are allowed in each asset class up to 10% of the fund's total asset. Bids for proposals are due...

  • InvestHedge Forum & Awards 2014: Exploring new frontiers.  // Invest Hedge;3/16/2015, p1 

    InvestHedge's unique combination of the Forum & Awards brings together top hedge funds and their investors on 23-24 September at the British Museum in London

  • UTIMCO joins billion-dollar hedge fund club. Clair, Chris // Pensions & Investments;4/14/2003, Vol. 31 Issue 8, p3 

    With its 175 million dollar investment in March 2003 in Protege Partners Fund Ltd., New York, the University of Texas Investment Management Co. (UTIMCO) , Austin, Texas joined two exclusive groups. The first is pension funds, endowments and foundations with one billion or more invested in hedge...

  • The Road Less Traveled: Strategy Distinctiveness and Hedge Fund Performance. Sun, Zheng; Wang, Ashley; Zheng, Lu // Review of Financial Studies;Jan2012, Vol. 25 Issue 1, p96 

    We investigate whether skilled hedge fund managers are more likely to pursue unique investment strategies that result in superior performance. We propose a measure of the distinctiveness of a fund's investment strategy based on historical fund return data. We call the measure the �Strategy...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics