Cadogan And Fortis Join Forces

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.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Paulson Makes Record $400M Donation to Harvard University

Jun 3 2015 | 12:59pm ET

Harvard University's School of Engineering and Applied Sciences will receive a $...

Guest Contributor

When Less is More: The Case for Concentrated Equity Strategies

Jun 1 2015 | 7:59am ET

The conventional wisdom is that wide diversification is the “holy grail,” as...

 

Sponsored Content

Editor's Note