Alyeska Hedge Fund to Manage Money for University of MichiganBy
Endowment pool pledges about $345 million to seven managers
Alyeska fund was started by Citadel alumnus Anand Parekh
The University of Michigan pledged about $345 million to seven investment managers from its $10 billion longterm endowment pool, following the approval of the school’s regents Thursday.
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