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The University Endowment Fund is considering making an investment in hedge fiinds. Its investment committee is meeting to decide which of the following four hedge funds should be selected:
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■ COE Fund,a “fund of fiinds;”
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! J, j q1 z& ]3 ~3 U2 `& I0 M■ Savior Capital,an “equity market neutral” fund;/ k" H) Y v; A5 P- ], R
, L% ]& M" {4 U7 Y7 _■ Alphameric Advisors, a ''distressed debt arbitrage" fund;
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2 F$ s! z8 a: h1 W) l% f■ MarketView LLC,a “long-only value investing in distressed securities” fimd. During the meeting, committee members made the following statements:
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