University Pulls Endowment From Investigated Hedge Fund

Cornell’s $4.4 billion endowment is moving.  The University has requested redemption from hedge fund Level Global Advisors, Fox Business Network reported yesterday. The move to withdraw the investment comes after the Greenwich, CT based hedge fund was searched and raided as part of the SEC’s ongoing insider-trading investigation that began last month.  Level Global claims … Continue reading University Pulls Endowment From Investigated Hedge Fund