Mercer global hedge fund research chief joins Alexander Forbes 

Jordan Nault joins South African financial adviser to focus on offshore investments

NMERB investment committee allocating $100m to BlueBay

Mandate part of the retirement board’s opportunistic credit programme

Older, larger HFs among best performers historically, LCH finds

Middle-aged firms, though, saw strong 2017 performance, thanks largely to equities

Texas ERS to welcome emerging manager hedge funds

Venture partnership to be finalised at next board meeting

Blockhouse hires ex-GMT pro to head IR, marketing

Jamie Lewis joins start-up in newly created role

University of Michigan regents invest in litigation finance

Commitment to Harbour Litigation Funding further diversifies long term portfolio

Gottex founder’s multi-family office hires ex-Duet manager

Michel Danechi joins Vedra Partners as emerging markets PM

San Jose Police and Fire monitoring Kepos for performance

2017 was not a good year for the city retirement funds’ Kepos investments

San Mateo pension to review absolute return, risk parity

Trustees to review portfolios over the next two board meetings

BAAM in transition: John McCormick to succeed J. Tomilson Hill as president, CEO

Hill transitioning to chairman of firm he built

BlackRock survey shows growing appetite for hedge funds, private credit

Bubble-wary institutions looking to diversify while maintaining cash exposure

NEPC to advise clients to rebalance away from stocks

Hedge funds and other diversifying assets are worth considering in a risk reduction approach

St. Paul Teachers redeem from Corvex

The retirement association’s investment with the activist manager lost 21.1% in fiscal year 2016

Consultant Mercer acquires Tokyo alternatives firm

BFC to help Mercer’s Japanese institutional clients access HFs

San Francisco employee pension upping absolute return allocation

The pension plan is set to triple its hedge fund commitments and shift toward direct investing

III Capital hires Hildene IR/marketing head

Allison Greenberg joins $4bn credit specialist after stellar year for her old firm

Los Angeles County adds multi-strategy fund

Trustees approve an initial allocation of $125m to HBK

Cambridge pension system plans consultant RFP

Segal Marco Advisors has the $1.3bn fund’s business now