Wednesday, 3 June 2015
Last updated 3 hours ago
Nov 10 2006 | 3:32pm ET
Fortis Investment Management and Cadogan Management have agreed to merge their fund of hedge funds businesses. The combined entity, with $7.3 billion in assets, will keep the Cadogan name, with Fortis holding a 70% stake.
Cadogan’s management team—CEO Stuart Leaf, chief investment officer Paul Isaac and director of research Michael Waldron—will remain in place, with minority stakes in the business. The 42-member firm will be based in New York and have a London office.
“The involvement of Fortis Investments in our business considerably expands our ability to bring our current and future clients the performance, innovation, service and security they have grown to expect and enjoy,” Leaf said.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…