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Alternative Market Briefing

FoHFs house NewFinance changes name to Schroders NewFinance Capital – report

Wednesday, July 21, 2010

From the Opalesque team:

Schroders, a global asset management company with £167.9bn in AuM (€188.3bn / $254.7bn as at 31 March 2010), recently announced that its wholly-owned subsidiary NewFinance Capital (NFC) will take the name of Shroders NewFinance Capital, according to European reports.

Launched in 2002 and headquartered in London, fund of hedge funds specialist NFC was acquired by Schroders in 2006. It manages around $3bn, of which Eur700m in Germany, reported NEWSManagers on Boursorama.com last week.

The three managing partners of NewFinance Capital, Marc Hotimsky, Georges Saier and Thorki......................

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