Wed, Jul 1, 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. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  3. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

  4. Alternative investment industry could grow to $13.6tln in five years[more]

    Komfie Manalo, Opalesque Asia: Leading auditing and advisory group PwC said that the global alternative investment industry, which includes hedge funds, private equity and real assets, is set to increase to $13.6tln within the next five years. "Be

  5. Qbasis gets $200m-plus investment in 'black swan' hedge fund[more]

    From Reuters.com: A hedge fund that more than doubled clients' money during the 2008 financial crisis has attracted more than $200 million from an investor aiming to cash in on fresh ructions in global markets. Qbasis Invest has secured the investment from Britain's Omada Capital, Florian Wagner, wh

 

banner