UK - The £1.4bn Leicestershire County Council Pension Fund has appointed Adam Street Partners to manage the fund's first foray into private equity. Leicestershire also said that it has put its hedge fund considerations on hold.
Adam Street will oversee a £50m fund-of-funds brief following a formal tender process initiated last year. Leicestershire intends to maintain a 4% exposure to private equity. The portfolio is to...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
