Hermes BPK Partners Joins HFSB Investor Chapter

Nov 19 2010 | 1:07pm ET

Hermes BPK Partners, the fund of hedge funds management arm of the British Telecom Pension Scheme (BTPS), has signed up to the newly launched Hedge Fund Standards Board (HFSB) Investor Chapter.

Hermes BPK, with over $1.4 billion of assets under management, will join international investors like  Railpen, the Utah Retirement Systems, the Netherlands’ APB, and the Canadian pension Caisse de Dépôt du Quebec.

Matteo Dante Perruccio, CEO and founding partner of Hermes BPK, said: “We believe the launch of the HFSB Investor Chapter will drive positive change in the hedge fund industry and this is another step in the right direction.”

Hermes is the advisor and principle investment manager for BTPS, the U.K.'s largest pension fund.

The HFSB Investor Chapter is a group of hedge fund managers and investors who have come together to help shape best practice within the industry.

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