Institutional Investors

AP1 selects seven groups to advise on $1.5bn allocation



Jeff Tarrant

The $30 billion Forsta AP-Fonden, the first Swedish National Pension Fund (AP1) has appointed its strategic hedge fund partners for an allocation of up to $1.5 billion.

The groups selected are AQR Capital Management, Blackrock Alternative Advisors, Blackstone Alternative Asset Management, Fauchier Partners, Mesirow Advanced Strategies, Protégé Partners and The Bornhoft Group.

The seven different groups, which span the hedge fund, fund of hedge funds and bespoke areas of expertise, will have been hired with specific skills in mind. For example, Protege Partners’ expertise is the emerging manager and seeding space.

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