Florida State Board of Administration allocates $150M to Monashee Investment Management

According to its Q4 new manager report, the Florida State Board of Administration allocated $150 million directly to Monashee Investment [Read More]
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Sightings….

Joshua Kestler has been promoted to chief executive officer of Bank of New York Mellon’s HedgeMark – the managed account [Read More]
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Assessing the market impact of coronavirus outbreak

As the coronavirus spreads, market participants are trying to assess the impact globally. China has confirmed 9800 cases in China [Read More]
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GAM pays financial penalty for technical accounting issue connected to Cantab purchase

GAM has agreed to pay a SFR 500,000 ($515,164) penalty to the Swiss stock exchange and recognize a financial liability [Read More]
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Largest endowments allocate 20.5% to hedge funds while smallest allocate 4.1% in FY2019

College and university endowment returns averaged 5.3% in FY2019, according to National Association of College and University Business Officers’ annual [Read More]
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