Allocations to Alternatives 2021/22
1. That the Pension Fund Investment Sub Committee noted and commented on the report and recommendations in Appendix 1 in respect of allocations to alternatives funds in 2021/22.
2. That the Pension Fund Investment Subcommittee delegates to the Strategic Director for Resources approval to implement up to the following allocations to Border to Coast alternative funds, subject to suitable due diligence being carried out as set out in Appendix 1 to the report.
3. That the Strategic Director for Resources consults the Chair of the Sub Committee on the exact value of the transactions with Border to Coast Pensions Partnership Ltd following further due diligence on the underlying funds by Hymans Robertson.