College and university endowment managers frequently use private equity and hedge funds as part of an overall investment strategy. But what role should such alternatives serve for your institution? During a recent NACUBO webcast, Are Hedge Funds and Private Equity Right for You? An Analysis of Alternative Investments, a panel of experts from Bloomsburg University Foundation, Graham Capital Company, and Mason Investment Advisory Services Inc. discussed the case for and against private equity and hedge funds as part of endowment portfolios.
Participants gained a better understanding of the potential benefits and the risks of utilizing these investment strategies. They also learned that a successful endowment portfolio strategy can be implemented with or without hedge funds and private equity. Speakers shared ways to:
- Recognize current trends in the investment performance of alternatives and the corresponding growth of these investment vehicles.
- Evaluate the pros and cons of alternative investments.
- Develop tools and techniques to foster more balanced investment/finance committee discussions.
One of the key lessons for attendees of this webcast: When institutions are considering an investment strategy—hedge fund or private equity—it is paramount to enhance your perspective with sufficient details to make an informed decision.
To watch a recording of this webcast, visit the “Distance Learning” page at www.nacubo.org.