British Universities Eye Hedge Fund Seeders

Dec 23 2010 | 10:02am ET

The U.K.’s second-largest pension fund is dipping its toes into hedge fund seeding.

The £30 billion Universities Superannuation Scheme plans to invest in a seeding fund. It also hopes to co-invest with the seeder in the funds the latter invests in.

USS did not specify how much it would invest, but did say it would be a “pretty chunky ticket,” Financial News reports.

“Our intention is to implement improved governance, as a condition of our investment, aims to make a positive impact on the industry and for all investors,” USS absolute return strategist Luke Dixon said. “This is a vital consideration for us.”


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...