Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

To submit industry-related press releases or request feature ideas please contact editor@evestment.com

News Archive

Read More Industry News >

UK Pension System Divests From FoHFs

Jun 18, 2013
Jing Chen

The manager of the U.K-based Railways Pension Scheme has terminated two of its three fund of hedge funds.

Financial News reported that RPMI is reallocating about $1.5 billion of its $3.1 billion hedge fund portfolio to direct hedge fund investments.

RPMI chief investment officer Keith Shepherd did not disclose to Financial News which funds of funds are being let go. The system currently employs Blackstone Alternative Asset Management, Grosvenor Capital and Rock Creek Group.

RPMI manages about $29.7 billion for employees.

Read More Industry News >

eVestment’s 2015 Hedge Fund Industry Outlook

Read More