Tuesday, 1 September 2015
Last updated 4 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%.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…