Bloomberg – James Walsh, the departing endowment chief at Cornell University, plans to start a $150 million hedge fund with performance fees that are spread out over three years.
The fund, named Cayuga Capital Partners for Cayuga Lake near Walsh’s home in Ithaca, New York, will invest in easy-to- sell securities such as stocks and bonds globally, he said in a telephone interview. Walsh, who is English, will base the fund in London.
