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Fauchier wins second local authority mandate in a month

Fauchier Partners has scooped a second mandate from a UK local authority pension fund making its first foray into hedge funds after last month winning a £105m (€157m) from Leicestershire County Council.

Fauchier was awarded one of two fund of hedge fund mandates worth £28m each from the £1.1bn Northamptonshire County Council pension fund.

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