The Hong Kong Jockey Club is said to have chosen Mesirow Financial Advanced Strategies and Quellos Group to manage a parcel of pension monies earmarked for alternative investments. As FinanceAsia reported in March, the club will inject a total of about $100 million into the funds this month.
Mesirow has $3.5 billion in assets under management and launched its first fund of hedge funds in 1990. One of the top five private equity firms in Chicago, its clients include some of the largest insurance companies, endowments, foundations and retirement funds in the United States.
Quellos Group has a similar track record in multi-manager alternative strategies and manages billions of dollars in hedge fund investments....