Conn. Firm Boosts London Presence With Fusion Pair, Hedge Fund

Oct 27 2006 | 11:44am ET

Continuing to build its presence in London, Aladdin Capital Management has added a pair of Goldman Sachs veterans to its six-month-old office in the U.K.

John Brewer and Tim Goodale, recently principals at Fusion Asset Management, bring with them their Fusion Relative Value Credit Fund, which is to be renamed the Aladdin Relative Value Fund. They join Peter Allan, who came to Aladdin earlier this year to manage its European loan business.

“We’re looking to have a larger, more thorough global footprint,” explains Stamford, Conn.-based Aladdin’s George Marshman. “We like the personnel involved a lot. For us, it’s an opportunity to expand on the success we’ve had on our credit funds here in the U.S. and other aspects of the business that we hope to replicate in London.”

Marshman declined to say how large the Relative Value Credit fund is currently; it was seeded with US$25 million at the end of 2004.

In addition to adding Brewer, Goodale and their fund, the firm is prepping its first European collateralized loan obligation and its new Aladdin New Alternatives hedge fund, which will invest primarily in securitized instruments.


In Depth

High Time For A Cannabis Hedge Fund?

Sep 30 2014 | 7:07am ET

Launching a hedge fund is always a gamble, but Leslie Bocskor's decision to launch...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Appraisal Ratio Key To Evaluating Hedge Funds And Other New Investments

Sep 29 2014 | 3:07pm ET

As a former finance professor Peter Hecht experiences heartburn every time he hears...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

September 2014 Cover

High frequency market making

High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.