UK - The £16bn (US$25.6bn) Barclays UK Pension Fund has appointed Nick Stacey as associate director in its manager selection team.
He will report to head of manager selection Andre Konstantinow.
The scheme said Stacey will focus on sourcing managers for appraisal, performing investment due diligence on new funds, and monitoring existing investments across the fund's extensive investment portfolio.
Barclays Pension Fund chief investment officer Tony Broccardo said: "Nick's appointment is further evidence of our commitment to building an in-house investment team with outstanding management selection expertise, enabling us to enhance the speed and flexibility of our investment decision-making, and to react more rapidly to market conditions."
Stacey spent the past seven years working for alternative investment specialists Man Group.
He was responsible for covering new and existing hedge fund investments across a variety of strategies on their managed account platform, most recently with specialisation in event driven and global macro styles.
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