Fitch Gives Olympia Capital A 'B'

Apr 4 2008 | 11:12am ET

Fitch Ratings, the agency that is beginning to grade funds of hedge funds, has given its first rating to Olympia Capital Management. And Mr. and Mrs. Olympia Capital can be pretty proud of their child.

Olympia received the second highest rating possible: FoHF M2 (Strong), based on “considerable experience the firm has acquired in FoHF management since its debut in 1989, the high profile of its senior management and the strong processes in place for hedge fund selection, portfolio construction and risk management.” Fitch will continue to monitor Olympia Capital Management on an on-going basis.

The highest rating is "FoHF M1," with four decreasing levels ending at "FoHF M5."

Olympia Capital Management is the main subsidiary of the Paris-based Olympia Group of Companies and manages more than US$6 billion of assets predominantly in funds of hedge funds.


In Depth

OmniQuest Capital: Why Funds of Hedge Funds Work

Aug 11 2016 | 4:47pm ET

There have been few sectors of the alternative investment universe under as much...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...