US pension funds giving more to hedge funds

US pension funds are continuing to allocate more of their portfolios to hedge funds, according to industry professionals.

At an Alternative Investment Management Association (AIMA) debate in Chicago last Tuesday, pension fund and hedge fund professionals said the percentage of funds allocated to hedge funds is continuing to rise. Wale Adeosun, managing director public equities of the John D and Catherine T MacArthur Foundation reflected the trend saying it has gradually increased its hedge fund allocation from 15% in...