University Investments

Aaron Kessler's UVA Endowment Fund article includes an interesting perspective on hedge funds and University investment.

the University of Virginia Investment Management Company found out in fiscal year 2006 that while new money is great, too much of it at one time can cause its own challenges.UVIMCO, which manages UVa’s $3.5 billion endowment pool, has nearly 65 percent of its holdings invested in “alternative assets,” primarily in hedge funds. Snippet from the Daily Progress

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