Saturday, 27 August 2016
Last updated 14 hours ago
Aug 4 2011 | 9:01am ET
New York-based special situations shop Octavian Advisors has opened a London office to house the firm’s UK subsidiary.
"While Octavian has long been active in Europe, we are pleased to increase our international footprint by establishing an office in London," said Richard Hurowitz, CEO and CIO. “With over half of our assets invested in Europe, the new London office will enable us to further extend the firm’s capabilities. We look forward to capitalizing on the many opportunities ahead on behalf of our investors.”
The London office will be led by Fook Hien Yap, who joined Octavian last year from Brencourt Advisors in London. Prior to that he was an investment banker and member of the equity arbitrage desk at UBS in London.
Octavian has invested the majority of its capital in Europe since its founding and has significant experience in both the distressed and special situations markets across the continent. The company manages about $1 billion for clients including endowments, foundations, pension funds, family offices and institutions.