GPF eyes hedge funds, flags alt investing issues

Thailand's Government Pension Fund started investing in private markets in 2003 and currently puts 14%, or $2.38 billion, of its $17 billion portfolio into infrastructure, property and private equity. It now plans to diversify further into hedge funds, says Teerapong Ninvoraskul, senior director of alternative investments. He was speaking on panel yesterday at AsianInvestor's Southeast Asia institutional investment forum in Singapore. The aim of building alternatives exposure is t…