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Alternative Market Briefing

South African prime broker Peregrine starts cap intro group

Tuesday, December 15, 2009

The Peregrine Group has established a new unit to serve as a central portal for investors into the investment opportunities of the group and its associate companies.

"Capital Introduction is a key initiative for the group and will play a pivotal role in the growth of the business. The companies of the Peregrine group serve a diverse range of investors. By having a central office to assist investment decision makers, mostly institutional, we can efficiently provide appropriate solutions," says Jan van Niekerk, deputy CEO of Peregrine.

"This Business Development and Capital Introduction unit will be led by Ms Leila Kuhlenthal, who joined Peregrine last month," Van Niekerk added.

According to Kuhlenthal, Peregrine is a leader in the South African hedge fund industry and provides access to a diverse range of funds in this asset class. "Peregrine has some of the longest running hedge funds in the country on its platform, but also offers seeding opportunities in the latest strategies. The Peregrine funds have been recognized as industry leaders and one of the funds most recently won AfricaHedge's prestigious Fund of the Year award in 2008," she said.

"However, the group's offering is not limited to hedge funds. Across the different group companies - which include Peregrine Capital, Peregrine iQ, Orthogonal, Peregrine Securities, Citadel and Stenham in London - we offer specialized investment opportunities. The new unit will endeavour to communicate to invest......................

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