Institutional Investors

UK’s Northants may scale up


Northamptonshire County Council continues to mull over the possibilities for its hedge fund allocation as it conducts a triennial review of its investment strategy.

The $1.9 billion fund currently has around 3% of its total assets allocated to a fund of funds managed by Fauchier Partners. At one point it had a 5% allocation, split between Fauchier and Partners Group, but redeemed the latter in March 2010 to fund more global equity exposure.

While the fund is happy with its current hedge fund investment it is in the very early stages of an internal debate as to the