Wednesday, 30 July 2014
Last updated 12 hours ago
Nov 3 2011 | 8:21am ET
Fund of hedge funds Central Park Group is getting some help to run its event-driven fund.
The New York-based firm has named Brencourt Advisors the sub-adviser to the Multi-Event Fund, it said in a statement. Brencourt founder William Collins will handle fund management duties.
The two sides have set up a joint-venture, Central Park Multi-Event Management.
"Brencourt brings specialized expertise in event investing to the Central Park Group Multi-Event Fund," Central Park co-CEO Greg Brousseau said. "We are impressed with Brencourt's 10-year record of attractive returns, their approach to the asset class and their research, trading and risk-management capabilities."
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…