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University of Maine enrolls Lighthouse for hedge fund of funds

by trusted insight posted 5years ago 6650 views
University of Maine, Bangor, hired hedge funds-of-funds manager Lighthouse Partners to run $15 million for the university’s managed investment pool of six endowment funds and $1.8 million for its defined benefit plan.

According to Pensions & Investments, The managed investment pool has $271 million in assets and the defined benefit plan, $40 million.