Endowments May Be Hedge Funds’ Closest Friend

aiCIO – Endowments in the United States have an average hedge fund allocation of 19.1%, according to data firm Preqin.

While the average is 19.1%, endowments have a mean hedge fund target allocation of 19.4%, suggesting there is still scope for them to slightly increase their allocation to the asset class, Preqin said. The firm noted that US endowments are likely to be active in making new hedge fund investments over the coming 12 months.

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