Tuesday, 29 July 2014
Last updated 19 hours ago
Feb 22 2010 | 10:59am ET
Griffin Capital Management is planning to offer two UCIT III-compliant hedge funds in the U.K.
The firm is already permitted to market is European Opportunities and Eastern European Value funds in Germany, Austria, Sweden and Switzerland. But now the firm is looking to the continent’s hedge fund capital, considering seeking U.K. distributor status for the funds.
Kaspar Bonde Eriksen told the Financial Times that British interests in the products was “sufficient to go ahead.”
Griffin moved the two hedge funds onshore last year, switching their domiciles from the Cayman Islands to Dublin, Ireland, and becoming UCITS compliant. Its flagship European Opportunities fund manages €72 million, while its Eastern European fund manages €82 million.
The former fund was up 30% last year, while the latter returned 42%.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…