Griffin To Market Two UCITS Hedge Funds In Britain

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%.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...