Monday, 26 January 2015
Last updated 9 hours ago
Sep 1 2009 | 12:05pm ET
Brevan Howard Asset Management is taking its global macro strategy into India.
The London-based hedge fund firm, Europe’s largest, has established a pair of funds in Mauritius to hold investments in India for its flagship hedge fund. Mauritius, a former British colony off the coast of Madagascar, is a common offshore base for investing in the subcontinent.
In a filing, Brevan said it did not expect the $15 billion Brevan Howard Master Fund’s Indian investments to be very large. It is unclear whether the firm is already investing in the country, or if the establishment of the Mauritius-based funds is a preliminary to any activity there.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…