Sun, Aug 2, 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: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

  5. Cargill’s Black River Asset to shut down four hedge funds[more]

    Komfie Manalo, Opalesque Asia: Cargill Inc.’s $7.4 billion Black River Asset Management said it was closing four hedge funds with a combined $ 1 billion in assets and start returning investors money over the next several months, various media said. The hedge funds represent 15% of Black River’

 

banner