Fairfield Greenwich Goes North

Jul 21 2008 | 10:35am ET

New York-based Fairfield Greenwich Group, a $16.6 billion fund of hedge funds shop, aims to make its presence felt in the Canadian market in a new joint venture with money manager Sceptre Investment Counsel.

Both firms today announced that Sceptre will advise Canadian investors on their alternative investments and distribute FGG’s fund of hedge funds products.

“Sceptre has many strong relationships in the Canadian investment community, and our clients have long trusted us to manage their pooled funds, mutual funds, and other investments,” Richard Knowles, Sceptre’s president and CEO, said. “After an extensive search process, we are very pleased to name FGG as our alternative asset management partner. We believe that Sceptre's clients will understand the great value that FGG brings to the table, and that they will have considerable interest in the outstanding hedged products to which they may now gain access through this new relationship.”


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