Castle Creek Adds London Office

Dec 2 2011 | 11:31am ET

Chicago-based Castle Creek Arbitrage has opened an office in London as it increases its focus on European debt opportunities.

The relative value shop, with US$800 million in assets under management, registered a subsidiary with the U.K. Financial Services Authority in October, Financial News reports. The new office will allow the firm to end the unpopular late shifts its Chicago investment staff endured in order to trade in Europe.

The nine-year-old firm has two FSA-approved staff at its new office, director Amir Abbas and compliance officer Tanveer Abbas. Castle Creek founder Allan Weine also has approved person status.

"Having Amir and Tanveer in London demonstrates our commitment to the European markets," Weine said. "We view the European markets as a place of growth for Castle Creek Arbitrage."


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

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

From Switzerland With Love: Some Hard Truths About Central Banks And Risk

Jan 23 2015 | 7:54am ET

In the wake of the Swiss National Bank uncoupling the country’s currency from...

 

Editor's Note