Thursday, 28 May 2015
Last updated 36 min ago
Mar 24 2010 | 11:30am ET
In a homecoming of sorts, quantitative hedge fund firm CQS is opening an office in Sydney, Australia.
The new Down Under base—the London firm’s second in the Asia-Pacific region, after Hong Kong—will focus on expanding its business in Australia. The firm is in the process of seeking a license from Australian regulators.
“It has always been our intention to establish a presence in Sydney once we had sufficient investments from Australian wholesale investors,” CEO Michael Hintze told The Australian. “I am pleased to be able to say we have reached critical mass and that it makes sense for us to be able to service our investors locally.”
Hintze is an Australian native, a veteran of the Australian army and a graduate of the University of Sydney.
CQS has snared a pair of high-profile directors for its new Australian office. Former Australian Communications Minister Richard Alston and Paul Chadwick, a former executive director of money manager GMO Australia, will sit on its board.
May 27 2015 | 2:15pm ET
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