This article appears courtesy of Institutional Investor
Source: Alternative Investment News
Paul Menchaca
The $2.5 billion Conrad N. Hilton Foundation in Los Angeles will conduct a rare asset allocation review that could result in a maiden investment in alternatives and manager changes. “We really want to take a step back and look at the big picture and that includes seriously looking at alternatives,” Steven Hilton , the foundation’s chairman and ceo, told AIN sister publication Foundation & Endowment Money Management . Not investing in alternatives is “almost unheard of for a foundation our size.
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