ITT Industries To Increase Alternatives

Lewis, Jakema
August 2006
Investment Management Weekly;8/7/2006, Vol. 19 Issue 31, p2
The article discusses the plan of ITT Industries to increase its allocation to alternative investments in White Plains, New York. According to vice president and treasurer Don Foley, ITT will boost its allocations from 32% to 40%, however, the fund has not identified potential investments. The bulk of the ITT's alternative investments are in hedge funds and private equity.


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