Transtrend Founder To Depart In Q1 2007

Nov 29 2006 | 10:30am ET

Gerard van Vliet, founder of Rotterdam, Netherlands-based Transtrend BV, a commodity trading advisor, is leaving his post in Q1 2007.  Transtrend and Robeco, a Rotterdam-based asset management firm, struck a deal four years ago whereby Robeco would acquire 49% of the firm from van Vliet with the agreement to purchase the remaining shares in early 2007. Post acquisition, Transtrend will remain an independent firm with its own infrastructure but Robeco will have control over the firm’s compliance and reporting policies.

Van Vliet says he has no intention of managing third-party capital anymore and wants to dedicate his time to an unnamed philanthropic foundation where he serves as chairman. However, he will most remain one of Transtrend's large client-investors for “many years to come.”

Transtrend, which has been registered as a CTA and CPO since 1994, currently manages some $3 billion in assets.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of