News

FoHF Optima opens Star strategy in Europe

Fund focuses on 50 most popular equity holdings from “top 10” managers


San Antonio pension spends $54m on HF top-ups

Winton Capital, Davidson Kempner and Carlson Capital among managers to receive more funds

UK local authority eyes $40m US private credit spend

Pension fund for Flintshire County Council expects to make allocation decision next month



bfinance eyes staff boost as clients look to ‘diversifying’ strats

Hiring underway as UK-headquartered consulting firm preps first US office in Chicago


Korea Investment Corporation opens operations in Singapore

SWF welcomes staff to its third office outside Seoul


Some 50% of side letters focus on fee negotiations, Seward & Kissel study finds

Percentage up from 40% in 2015/2016 report, while use of MFNs drops


EnTrustPermal raises $300m for shipping finance fund

US and European allocations see Blue Ocean Fund reach first close at the end of June


Man Group’s AHL, FRM and private markets units commit to PRI

$96bn listed manager signs up to principles on firm-wide basis


Emergence incubator fund adds systematic equity strategy

VIA AM becomes the 16th investment for Paris-based NewAlpha


Bfinance has hired Scotiabank cap intro head

Les Marton is consultancy’s first hire in Canada outside main Montréal office


PineBridge taps Candriam pro for consultant relations role

Gregory Ohlson joins $85bn manager this month, HFM InvestHedge understands


Ucits platform searching for macro, event-driven and credit HFs

London-based Ucits platform sees overall AuM pass $750m after growth of CLO and equity funds


Pennsylvania Sers approves $150m ticket for TSSP credit fund

Public pension continues build-out of multi-strategy portfolio; sets sights on cutting fees and costs



Investment consultants referred to competition authority over conflict concerns

Probe to investigate conflicts of interest, price competition of major firms


Swedish allocator re-issues ‘ESG-friendly’ FoHF call after first search flops

Knowledge Foundation looking for fund-of-one; cancels first tender for $300m mandate due to lack of responses


Kettera’s Hydra platform expands into equity strategies

Hydra Global Hedge relies on Goldman Sachs and other independent service providers


Kochard to exit as Uvimco’s CEO/CIO by year-end

After nearly seven years at the helm of the University of Virginia, Kochard plots return to the private investment management sector


Triton taps Brevan Howard IR specialist

Oliver Brook joins $9.8bn credit and private equity alongside Emily Oliver as Catherine Johnston departs fro AnaCap