Including: UK - Leatherhead food appoints Giddings; US - New York fund allocates $550m to emerging manager programme; UK - Hermes Private Equity hires investment manager
Leatherhead Food International has appointed Gissings as actuarial, consultancy and investment advice to its defined benefit (DB) pension scheme.
Jonathan Gordon-Smith, finance director, Leatherhead Food International, said: "Gissings was able to tailor its services to our specific requirements and was able to cover all of our needs on a one stop shop basis."
US - New York fund allocates $550m to emerging manager programme
The New York Common Retirement Fund (CRF) has allocated US$550m to Bank of America and Parish Capital as part of its emerging manager private equity portfolio, according to state comptroller Thomas DiNapoli.
The allocation will see Parish Capital receive $350m, split $250m to co-investment opportunities and $100m to direct fund investments.
Bank of America's $200m allocation will be invested in direct fund opportunities.
UK - Hermes Private Equity hires investment manager
Hermes Private Equity has appointed Lynsey Register as investment manager.
Register joins the fund manager having spent four years in the private equity fund of funds industry, having worked with BlackRock and Kedge Capital.
Her main duties will involve the research, analysis and recommendation of investment opportunities in private equity funds for Hermes Private Equity, part of Hermes, the wholly-owned asset management arm of the BT pension scheme.
This week's top stories included the 'Buck' name being revived as Conduent sold off the HR consulting business to a private equity investor.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.