Fri, Jul 31, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Caliburn Capital sells Singapore-based hedge fund research operation to Hermes, moves away from management of fund of funds

Monday, July 16, 2012
Opalesque Industry Update - Caliburn Capital Partners LLP, which is headquartered in London, announces the sale of the business of Caliburn Capital Partners Pte. Ltd, its Singapore based hedge fund research operation, to Hermes.

In addition, Caliburn has agreed the transfer to Hermes BPK Partners LLP (Hermes BPK) of the management contract for the Caliburn Greater China Fund, a thematic multi manager hedge fund focused on risk adjusted returns from the China region. The Caliburn Greater China Fund will be integrated into Hermes BPK’s suite of hedge fund solutions and will be renamed the Hermes BPK Greater China Fund.

Jeremy Rowlands, CEO and Managing Partner of Caliburn Capital Partners LLP, commented:

“Hermes BPK have acquired an excellent team in Singapore who are leaders in hedge fund research in the region and the management of a fund with a 5 year track record of good riskadjusted performance. We are confident that the transaction will add value to the Hermes platform. The partners of Caliburn Capital will now concentrate their resources on direct investment through a hedge fund structure and will move away from the management of fund of funds”.

press release

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 funds, seeing opportunity, invest in struggling hotels in Puerto Rico[more]

    From NYTimes.com: Puerto Rico’s tourism industry has fallen victim to the island’s struggling economy, hit by one misfortune after another. In March, the San Juan Beach Hotel filed for bankruptcy. This week, the Condado Plaza Hilton was forced to close its casino. But nearly two thousand miles away,

  3. 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.

  4. Bridgewater turns bearish on China[more]

    Komfie Manalo, Opalesque Asia: The world’s biggest hedge fund Bridgewater Associates and one of the most vocal of China’s potential is now turning its back against the world’s second largest economy as it joins a growing list of high-profile investors who are challenging China’s potentials.

  5. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

 

banner