UK - Cambridge Associates has been appointed by Nottinghamshire County Council to allocate £14m to two private equity fund of funds, yet to be decided.
The £1.4bn scheme currently allocates around 1.5% of its assets to private equity. Cambridge Associates was appointed just before Christmas last year and will begin placing the money in the first quarter of this year. No consultant was used in the appointment. The entire fund is advised by William M Mercer.
Cambridge Associates has offices in the US, UK and Singapore.
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