Thursday, 29 September 2016
Last updated 8 hours ago
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.