BusinessInsider – We know that Dartmouth students aren’t big fans of hedge funds, but it turns out the university’s faculty aren’t too keen on them either.
A group of Dartmouth professors and employees are requesting that New Hampshire state launch an investigation into how the college’s board of directors is funneling Dartmouth’s endowment money into their own hedge funds, venture capital and private equity firms. The group sent a letter to the General Attorney of New Hampshire in February notifying the state of the alleged conflicts, which they assert are in violation non-profit laws in the state.