Friday, 17 April 2015
Last updated 10 hours ago
Apr 17 2008 | 12:08pm ET
Switerland’s LGT Capital Partners is acquiring KGR Capital, a Hong Kong-based fund of hedge funds with approximately US$350 million in assets under management.
“Acquiring KGR Capital will enable us to build on the success of our current Crown offering by providing clients with a greater selection of Asia-focused hedge fund programs,” Roberto Paganoni, LGT’s CEO, said. “It will also enhance our presence and investment expertise in the region with the addition of 16 Asia specialists from KGR Capital."
KGR was established in 2002 by John Knox, Nicholas George and Christopher Rampton and has offices in Hong Kong and London. The firm's flagship fund, KGR Capital Asia Pacific Absolute Return Segregated Fund, is a multistrategy, multi-manager portfolio of Asian hedge funds. It is also the investment adviser to KGR Absolute Return, a closed-end investment company listed on the London Stock Exchange.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…