Each quarter FINsearches provides an exclusive report to Hedge Connection regarding institutional investors and their allocation strategies. This is the second report:
FINsearches Q2-14 Investor Allocation Report
Institutional investors closed out the first half of the year with more than $11 billion in allocations as investors maintained a steady pace to investing in the second quarter, according to data from FINsearches.
Overall, institutional investors allocated $5.13 billion to various hedge fund and absolute return strategies in the second quarter, nearly matching the $5.68 billion allocated to during the first three months of the year.
The total asset figures for the second quarter are likely much higher as the number investments rose to 76 during the second quarter from 44 in the first quarter. Not all hires include a disclosed commitment amount.
In total, there were 121 total commitments with 81 different managers during the second quarter. This compares with 87 commitments to 67 different managers during the first quarter.
Broken out, 57 institutions made hedge fund investments, nine made hedge fund-of-funds investments—more than double the four made during the first quarter—and 10 made absolute return investments in the second quarter.
The data was compiled by reviewing all hires reported by FINsearches during the periods of April 1 through June 30, 2014 and is not reflective of the actual date of hiring by the institution.
Read FINsearches Q1-14 Investor Allocation Report