Mon, Apr 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Olympia Capital is taking over the management of fund of hedge funds of Sal. Oppenheim France

Tuesday, August 31, 2010
Opalesque Industry Update – Olympia Capital is taking over the management of the fund of hedge funds of Sal. Oppenheim France (Deutsche Bank group)

Olympia Capital Management is taking over the financial management of the fund of hedge funds of Sal. Oppenheim France and notably the Altipro mutual fund range governed by French law. This operation was approved by the AMF on August 23, 2010.

For Laurent Dupeyron, Chief Executive Officer of the Olympia Group, “this merger will contribute to the Group’s development strategy and broaden our French regulated fund offering at a time when it is clear that our customers are seeking improved transparency and supervision. We are also proud to have been chosen as the fund manager the most suitable to manage the funds in the customers' best interest. We will continue to explore these types of consolidation opportunities when they arise.”

(press release)


Olympia Capital Management
Founded in 1989, Olympia Capital Management is an independent fund of hedge funds manager with $2.2 billion under management as of June 30, 2010. Olympia Capital Management has an international presence, with 60 people in Paris, New York, London and Zurich including an investment team composed of 15 professionals with more than 8 years of experience on average. In addition to its flagship fund, Olympia Star I with a 19 year track record, Olympia offers investors a large range of alternative multi manager funds: both multi-strategy and thematic, as well as customized and sub-advisory portfolios. paulinefaucherand@olympiagroup.com.

Source


Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Carden Capital bets on volatility[more]

    Bailey McCann, Opalesque New York for New Managers: Machine driven strategies are having a bit of a moment in the hedge fund world right now. Systematic funds have outperformed other strategies at a time when all ey

  2. Sprott AM to sell Canadian diversified fund business to management-led group[more]

    Komfie Manalo, Opalesque Asia: Toronto-based asset management company Sprott Asset Management LP (SAM) has entered into an agreement to sell its Canadian diversified fund business to a management-led group. Under the deal, the new group will have

  3. Investing - These hedge funds (and Madeleine Albright) are betting on a debt crisis, Hedge funds are upping their bets on the death of the traditional retailer, $20bn hedge fund recaps Corizon[more]

    These hedge funds (and Madeleine Albright) are betting on a debt crisis From Yahoo.com: There could be a big debt crisis brewing in places like China, India, Latin America and Africa -- and a growing number of investors are amassing war chests to cash in on the distress. Albright Capital

  4. Universities looking to defend endowments from Republican tax plan[more]

    From PIOnline.com: Some of the richest U.S. colleges are pushing back against scrutiny by Congress over the tax-exempt status of university endowments. Lobbying disclosure forms show almost two dozen schools such as Princeton University, University of Notre Dame and Cornell University are including

  5. Activist News - GAM touts 'tangible results' of turnaround as activist fight hots up, Bill Ackman not done with Herbalife, says his fight could get legs in May, Activist hedge fund CIAM says Euro Disney's buyout offer not fair for minority investors[more]

    GAM touts 'tangible results' of turnaround as activist fight hots up From FNLondon.com: GAM, the Swiss asset manager at the center of an attempted boardroom putsch by activist hedge fund RBR Capital, said its first-quarter results amounted to "tangible" proof that its management's plan f