Delaware Public Employees’ Retirement System, Dover, invested $500 million in two new hedge fund investments.
The $12.7 billion pension fund’s investment committee approved investments of $350 million in Cantillon Global Equity, managed by Cantillon Capital Management, and $150 million in Viking Long Fund, managed by Viking Global Investors, at its Sept. 17 meeting, recently released meeting minutes show.
As of Dec. 31, the most recent data available, the pension fund’s actual allocation to alternative investments was 19.3%.