Hertfordshire superannuation fund signs LGT Capital for alternatives
By Rob Kozlowski | January 4, 2013 12:15 pm
Hertfordshire County Council Superannuation Fund, Hertford, England, hired LGT Capital Partners to run up to £300 million ($486 million) in multiasset alternatives, confirmed Patrick Towey, head of specialist accounting at the council.
The £2.4 billion pension fund issued an RFI in April for a manager to run a broad range of alternative asset categories, such as active currency, commodities, emerging markets debt, global tactical asset allocation, high-yield bonds, infrastructure, private equity and timberland.
Mr. Towey would not provide further information.