Monday, 29 December 2014
Last updated 11 min 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.