Monday, 30 November 2015
Last updated 2 days ago
Sep 24 2007 | 10:03am ET
Seattle-based fund of funds shop Quellos Group has opened an office in Hong Kong headed by Shih-Wei Peng, a principal relocating from the U.S., and Mark Woolley, a managing director relocating from London.
The firm said it decided to establish an office in Hong Kong because of its significant existing clientele based in the region, a growing presence of alternative investment managers in and around the region, and “dramatic” growth projections in both investment opportunities and potential clients in the region.
In June, Quellos agreed to sell its fund of funds business to BlackRock, Inc. for up to $1.7 billion and operate under the name BlackRock Alternative Advisors. The deal is expected to close on Oct. 1. Quellos also has offices in New York, London and Durham, N.C.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…