UK - The £1.96bn (US$3.83bn) Cadbury Pension Fund has diversified further into alternatives, awarding Blackstone and K2 Asset Management hedge fund mandates totalling 7.5% of current assets, according to MandateWire.
Blackstone's 5% hedge fund mandate and K2's worth 2.5%, brought the fund's alternatives exposure up to just over 20%. It had already invested 8% invested in property and 5% in private equity. ...
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