Institutional Investors

Fauchier Partners retains Wiltshire FoHF mandate

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The $2 billion Wiltshire Pension Fund completed a scheduled review of its $103 million long/short equity hedge fund allocation in late February and has decided to continue with Fauchier Partners, with the 5% mandate being kept on watch for the next 12 months.

Wiltshire is in the process of appointing an absolute return mandate for around 7.5% of total assets, and one possibility was funding this from the Fauchier mandate. As it is, the absolute return allocation will most likely be funded from the pension fund’s global equity allocation.

The plan’s current asset allocation is relatively high in