Argo Vets To Offer Emerging Markets Hedge Fund

Oct 19 2007 | 12:42pm ET

A group of Argo Capital veterans is prepping their first hedge fund offering.

Bridge Asset Management, a London-based shop founded by Gary Cressman and Nick Corby, is set to launch the Bridge Global Opportunities Fund, an emerging markets event-driven vehicle.

The fund, which is domiciled in the Cayman Islands, will employ a bottom-up strategy, focusing on asset quality, cash flow and legal structure, Thompson Investment Management News reports. It will be available in U.S. dollar and euro-denominated share classes.

Cressman, Corby, CEO and investor relations chief Aelita Arampova and general counsel Mark Slater formed Bridge after leaving Argo following its takeover by now-troubled hedge fund Absolute Capital Management in January.

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    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…