Hertfordshire County Council awards alternatives mandate

Handshake5Swiss LGT Capital Partners has won a £280 million (€234.8 million) multi-alternatives mandate from Hertfordshire County Council.

Entirely focused on alternative investments, the mandate includes hedge funds, commodities, insurance-linked securities, property, private equity and other alternative asset classes.

Roberto Paganoni, chief executive officer of LGT Capital Partners, says it will provide the pension fund with an actively managed portfolio of nine alternative asset classes.

LGT Capital Partners is headquartered in Pfaeffikon, Switzerland, but has offices in North America, Europe and Asia.

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