News

New cryptocurrency FoHF targets $100m AuM

Luxembourg-based firm Block AM debuts open-ended portfolio


Virginia pension commits $1bn to Antares direct lending fund

Middle-market strategy complimentary to existing portfolio, according to spokesperson

Nuveen hires ex-Winton product development head

Ben Lamping joins $900bn firm’s London office in newly created role



MassPrim IC approves Mudrick, reinsurance managers

$67bn allocator boosts distressed credit and ‘portfolio completion’ buckets


Finnish pension Keva eyes alts risk/return trade-off

Officials are seeking riskier investments


CDAM hires new head of marketing and IR

Lorna Jackson joins in newly created role from Verrazzano Capital


Merced County allocates $4m to Senator

The allocation doubles the number of funds in the HF portfolio after earlier Titan redemption


Almost two-thirds of investors looking for HFs with customised fee, liquidity terms

EY research also shows growing appetite for custom portfolio exposures; HFs set to lose out against PE


SBCERA may boost Alcentra structured credit commitment to $50m

The full board will decide on doubling the pension fund’s commitment at its 7 December meeting


Lighthouse and Rothschild team up to provide advisory services

Shakil Riaz and two other Rothschild execs move over to Lighthouse offices


KCERA weighing in-house versus outsourced CIO in replacing Tirp

The retirement board is moving ahead with studying the OCIO model and recruiting a new CIO


Family offices seeking direct alts exposure ahead of HFs and PE

iCapital Network research says 37% of FOs beefing up HF exposure; over half of participants cut investments last year


Louisiana Teachers picks Blackstone for $125m opportunistic mandate

Commitment marks system’s second allocation to tactical opps fund



Ex-Unigestion ODD exec Stehle joins Shadmoor

Operations service provider deepens expertise in building out senior-level team


Edmond de Rothschild (Suisse) appoints new FoHF chief

Ex-Omega AM CIO Pierre-Olivier Masmejean joins as $3.5bn unit looks to ‘re-focus’ product offering


Man FRM to manage Newham’s hedge fund portfolio

Newham is the third UK local authority to invest in Man’s managed account platform


Consultant bfinance opens first US office

Driehaus pro Jason Pomatto to lead Chicago base


Texas County commits $100m to Putnam Bluescale

Allocation brings 2017 HF portfolio allocations to $570m