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USS strengthens emerging markets with three new hires

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Universities Superannuation Scheme, the $45 billion second-largest private-sector UK pension fund, has hired Carmel Peters, Danila Gallarato and Chris Shale to reinforce its global emerging markets equities capabilities.

Peters, who has joined from RWC Partners where she was a partner and head of Asia Pacific and global emerging markets, will lead a combined GEMS/Asia unit, incorporating USS's existing four-person Asia Pacific ex-Japan team. Previously, she spent four years at Sofaer Capital Research, as a partner and the portfolio manager on the Sofaer Asia, Sofaer Pacific and Sofaer Emerging Markets hedge funds.

Shale was also at RWC and Sofaer Capital. Meanwhile,