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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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5 k" j" Y" \, B9 n, ~! s/ W2 p■ COE Fund,a “fund of fiinds;”
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2 y4 Y+ Q1 C: l `■ Savior Capital,an “equity market neutral” fund;5 B4 a( d/ y# A; z0 s
+ `" Y) `- e* |& M$ B" i5 |" l■ Alphameric Advisors, a ''distressed debt arbitrage" fund;
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9 b1 s; W9 \% `* w! n. v. t3 a■ MarketView LLC,a “long-only value investing in distressed securities” fimd. During the meeting, committee members made the following statements:
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