Tag: hedge funds

Michigan makes a big bet on hedge funds, but is it worth it?

University of Michigan stadium

The University of Michigan has changed the investments strategy used in its long term endowment pool, reallocating approximately $345 million to alternative investment managers. $100 million of that will be put into the hands of hedge fund Alyeska Investment Group.   Michigan currently has an endowment of approximately $10 billion. It is the ninth largest… Read More