Hedge Fund Griffin Opens Zurich Digs

Apr 9 2010 | 9:18am ET

Though the avalanche of hedge funds fleeing to Switzerland has been more like a trickle, the Confederation can add another firm to its (slowly) growing roster.

Griffin Capital Management has opened an office in Zurich, HFM Week reports. While the firm is not based in London, it has six employees in the city, and the new office will give U.K. employees a chance to avoid the new 50% top tax rate that came into force this month, Griffin’s Kaspar Eriksen said.

The Zurich office opened in the middle of last month, and Eriksen told HFM Week that he is looking for an office manager. Griffin is based in Gibraltar, where it has 24 employees.

Initially, the new office will only serve a marketing purpose.


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Is Steven Cohen Going to Buy the Brooklyn Nets?

Jan 19 2015 | 6:49am ET

Rumors that Steve Cohen was interested in the Brooklyn Nets emerged after Scott...

Guest Contributor

Investors Benefit From Evolution Of Fund Of Hedge Funds Model

Jan 22 2015 | 12:27pm ET

The evolution of the fund of hedge funds model over the last few years represents...

 

Editor's Note