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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

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