Funds of Hedge Funds Institutional Investors

Irish Pension hires Aksia to consult on FOHFs


The Irish National Treasury Management Agency announced a new contract with New York-based Aksia, which traditionally has worked with US pensions to make direct allocations to hedge funds.

The mandate is to act as a consultant for the Irish National Pensions Reserve Fund's fund of hedge funds portfolio that has been in the works for some time. The $31 billion national pension has been reviewing its entire asset allocation policy and considering a fund of hedge funds allocation of between $350 million and $700 million (see Irish National Treasury