Tue, Dec 12, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Matrix appoints Alkesh Chohan as analyst to fund of hedge funds group

Tuesday, September 07, 2010
Opalesque Industry Update - Matrix Group, the privately owned UK financial services business, announces the appointment of Alkesh Chohan as an Analyst to the Fund of Hedge Funds Group, led by Stuart Ratcliff, CIO.

Alkesh joins from TCP Asset Management where he worked as an investment analyst for 3 years.

Alkesh will further strengthen the 5-strong fund of funds team at Matrix and will be responsible for conducting thorough due diligence on prospective managers and developing existing relationships with fund managers and prime brokers.

Matrix’s range of alternative funds of funds includes both internally managed and externally managed funds. The former include the outperforming Matrix Credit Opportunities Fund which aims to exploit the current opportunities in credit and debt markets by investing in a diversified portfolio of 10 to 15 robust alternative credit funds and targeting 10% to 15% net annual returns.

Stuart Ratcliff, CIO of Matrix’ Funds of Hedge Funds team, said:

“We are delighted to welcome Alkesh to Matrix. His addition to the team is indicative of the vital importance we place on thorough due diligence in analysing and selecting underlying managers as well as maintaining close relationships with existing managers.”

(press release)


Matrix Group is one of the largest and most successful privately owned financial services businesses in the UK with more than £3.5 billion of assets under management and over 230 staff employed across three divisions: asset management, investment banking and property. Since inception in 1987, Matrix has raised around £12.5 billion of assets for investments across these business areas.


See our latest article on Matrix, August-2010:
Opalesque Exclusive: Emerging markets currencies to rally as uncertainties in developed countries worry investors 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. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. News Briefs - Italy's Carige to sell consumer credit arm to Chenavari, Less than a year after hedge fund coup, East Bay drug maker cuts jobs, looks to move HQ[more]

    Italy's Carige to sell consumer credit arm to Chenavari Italy's Banca Carige aims to sell its consumer credit unit to London-based hedge fund Chenavari by Dec. 6 when a vital 560 million euro ($664 million) cash call ends. Genoa-based Carige must comply by the end of the year with Europe

  3. Launches - Ex-BlueCrest team to open over $200m hedge fund, Greg Coffey, a hedge fund star who retired at 41, is eyeing a comeback, Brevan Howard plans Greek funds as bond rally signals revival[more]

    Ex-BlueCrest team to open over $200m hedge fund From Bloomberg.com: A team of traders who left BlueCrest Capital Management earlier this year raised more than $200 million for their own hedge fund focused on Asian stocks, according to a person familiar with the matter. Ovata Capital Manag

  4. North America - Miami could attract hedge funds if SALT deductions axed[more]

    From Law360.com: For years, inertia has been Nitin Motwani's greatest foe in his attempts to lure hedge fund owners in the northeast to Miami, which he has pitched as a tropical low-tax paradise. But with the Republican tax bill proposing to eliminate deductions for state and local taxes, he's sensi

  5. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa