The new foundation for hedge funds

Foundations and endowments are keen on hedge funds, but you've got to know what they want, write Jamie Wynn-Williams and Phyllis Feinberg...

Foundations and endowments have become a rapidly increasing investor in the fund, and fund of hedge funds (FoHF) business, according to Tracy McHale Stuart, chief executive officer at Corbin Capital Partners She attributes this trend to this investor group looking for opportunities that have higher return profiles and have more innovative investment strategies.

Corbin Capital Partners is best known by its former name, Dubin & Swieca Capital Management. The $3bn New York fund of funds was started

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