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Private equity funds of funds raised $14.9 billion in 1999, according to Asset Alternatives, a research firm in Wellesley, Mass.; as recently as 1991, there were no such offerings.
Asset Alternatives, based in Wellesley, Massachusetts, counts $96 billion in new contributions last year, up from $8 billion in 1990.
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Harvard keeps three lumberjacks on its team, the joke goes.Sweating as they swotIndeed, for university endowments to call all of these assets "alternative" is something of a misnomer.
There are several multi-asset alternative options which in a single strategy could provide inflation protection, exposure to non-traditional asset classes and/or a different risk profile than many investments typical found in 401(k) plans.
Minkara's firm, CIG Capital Advisors in Southfield, Michigan, specializes in wealth and asset management, alternative investments and business-advisory services.
Even Yale University, which pioneered the so-called Yale Model now slavishly followed by many other endowments, and has a target allocation of nearly 90percentt of its assets in alternative assets, has seen its outperformance shrink in recent years.
Portfolio management problem concerns itself with allocating one's assets among alternative securities to maximize the return of assets and to minimize the investment risk.
How should they treat alternative asset classes?
Jaime specializes in alternative asset investment in the Americas.
Wm Sword & Co advises on mergers, acquistions and alternative asset investments.
Commodities have become a popular alternative asset class for investors.
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