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

Virtu Celebrates Another Year Without a Single Day of Losses

Feb 26 2015 | 9:05am ET

High-frequency trading firm Virtu Financial Inc. reported another year without a...

Lifestyle

Hedge Fund Manager Out as Minnesota Wild Minority Owner

Feb 25 2015 | 2:45pm ET

New York hedge fund manager Philip Falcone is no longer a minority owner of the...

Guest Contributor

Risk: How To Get In Front Of The Problem

Feb 26 2015 | 9:53am ET

In considering the topic of risk in the hedge fund world, specifically, the oversight...

 

Editor's Note