Monday, August 23, 2004

UNC funds heavily hedged - 2004-08-23 - Triangle Business Journal

UNC funds heavily hedged - 2004-08-23 - Triangle Business Journal: "CHAPEL HILL - The University of North Carolina at Chapel Hill has parked the majority of its $1.19 billion endowment money with managers in the scantily regulated and risky hedge fund industry - an industry that U.S. Securities and Exchange Commission Chairman William Donaldson characterizes as an 'accident waiting to happen.' "

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