Brencourt To Run Central Park Group Fund Of Funds

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."


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of