Funds of Hedge Funds Institutional Investors

Go-Ahead makes first hedge fund investment


The pension fund of the UK's Go-Ahead Group is understood to have made its first investment in hedge funds.

Based in London, Go-Ahead - which has pension assets of $451 million - is one of the UK's leading providers of passenger transport services operating in the bus, rail and aviation services sectors.

The plan is thought to have made an allocation of around $21 million - or roughly 5% of total assets - into a fund of hedge funds, thought to be Mesirow.

The scheme is understood to be content with this level of hedge fund exposure now and has no