HFA’s unit Lighthouse Investment Partners has won a $500 million asset management and advice mandate from a pension plan, Financial Standard reports. The new mandate will boost HFA’s assets under management, currently at $5.3 billion.

The mandate will be placed into Lighthouse’s managed accounts program and related funds. Apollo Global Management distributes the investment products and services of Lighthouse to its investors, including global pension funds.

Click here for the story from Financial Standard.