Fri, Mar 6, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Gottex to take over investment management of Constellar FoHFs as from next month, Constellar CEO to join Gottex

Wednesday, January 20, 2010
Opalesque Industry Update - Gottex Fund Management Holdings Limited (Gottex), a leading independent global alternative asset management group, today announces the integration of the Constellar fund-of-funds into the Gottex product range. Ted Wong, founder and CEO of Constellar Capital LLC, will join Gottex.

As from February 2010, Gottex will take over the investment management of the three Constellar fund of hedge funds: the broadly diversified Gemini Funds (US onshore and offshore) and the Constellar Asia Fund. These funds had approximately $150M in assets under management as at 31 December 2009. The more directional Constellar funds will broaden Gottex’s product offering in the US onshore as well as in the offshore sector, in line with Gottex’s long term strategy to evolve into a leading institutional multi-asset manager with a strong core in alternatives and fund of funds.

Constellar’s CEO Ted Wong will join Gottex as portfolio manager of the Constellar funds, become co-PM of the Gottex Tiger Fund and member of the research committee. Ted Wong has an excellent investment background, having previously held senior positions at Credit Suisse, Tiger Management and Goldman Sachs.

Joachim Gottschalk, Chairman & CEO of Gottex commented, “We are very pleased to welcome Ted to Gottex. High quality professionals like Ted will strengthen our investment capabilities, allowing us to further improve the service we provide to our customers. We look forward to working with him and strengthen our directional multistrategy fund of funds offering in the US onshore and offshore markets.”

Ted Wong, founder and CEO of Constellar commented, “I am excited to join Gottex and work closely together with its strong team of professionals. I have been attracted by the intellectual capital and broad investment experience present at the company. Gottex provides an institutional asset management platform with strong investment processes that will allow the Constellar funds to grow and achieve their potential.”


Incorporated in Guernsey, Gottex is the holding company of a leading independent global alternative investment management group whose core business is providing investment management services to a diversified range of hedge funds and funds of hedge funds.

With offices in Guernsey, Lausanne, London, Hong Kong, New York, Boston, Luxembourg, Zurich and Dubai, the Gottex group advises funds that are invested with more than 150 hedge fund managers around the world, investing in a wide range of strategies and geographies on behalf of predominantly institutional investors. As at 30 September 2009, Gottex had USD 8.2 billion of total fee-earning assets.www.gottexholdings.com / investor.relations@gottexholdings.com


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. SkyBridge opens office in Palm Beach County[more]

    Where better for a southern location than South Florida? SkyBridge Capital, which is headquartered in New York, has opened an office in Palm Beach Gardens. Palm Beach Gardens is a "Signature City" in northern Palm Beach County, with a population of around 49,000.

  2. Outlook - Philippe Jordan predicts 'alternative beta' to displace hedge funds, Stan Druckenmiller says Europe, Japan stocks will outpace U.S.[more]

    Philippe Jordan predicts 'alternative beta' to displace hedge funds From Investordaily.com.au: The disappointing performance of hedge funds in recent years is a result of "too much money chasing too little alpha", argues Capital Fund Management. Speaking to InvestorDaily, CFM partner Phi

  3. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  4. Outlook - 5 reasons why 2015 is looking like a breakout year for alternative investments, Hedge fund manager Dan Loeb predicts disappointment for funds seeking energy distress[more]

    5 reasons why 2015 is looking like a breakout year for alternative investments From Forbes.com: …After a strong 2014, the public markets have been off to a choppy start in 2015. This year, savvy investors may be looking for alpha elsewhere. For many institutions and high-net-worth indivi

  5. Event-driven strategies lead hedge fund gains in February while CTA rally shows signs of fatigue[more]

    Komfie Manalo, Opalesque Asia: Hedge funds ended February on a good note (+0.8%), confirming the positive momentum witnessed since the start of the year, reported Lyxor Asset Management in its Weekly Briefing. As of the end of February, the Lyxor He