Arlington Group and Eurekahedge have formed
a joint venture to provide seed capital
and support to Asian hedge funds and Asian
long-only absolute return funds. Arlington
will commit seed capital to the individual
funds while Eurekahedge will provide origination,
analytical support and the full resources
of its globally based capital introduction
team (New York, Geneva, Zurich, London,
Tokyo, Hong Kong and Singapore). Richard
Armstrong, one of Eurekahedge's founding
partners and Joseph McCarthy, Arlington's
Asia-focused investment manager, will jointly
be responsible for managing and developing
the seeding platform.
"This marks an exciting step in the
development of Arlington Group and its target
of expanding its interests in Asia,"
commented Nicholas Barham, Chairman of Arlington
Group. "We believe that in Eurekahedge
we have found a unique partner with a demonstrable
depth of understanding and knowledge of
Asian Funds and a proven track record in
helping to support and raise capital for
start-up funds".
Richard Armstrong says, "Early-stage
capital is key to helping funds to develop.
The joint venture with Arlington Group complements
our existing services in start-up advisory,
capital raising and hedge fund hotel. We
are now able to provide the complete platform
for funds to set up and grow. We are delighted
that Arlington Group has chosen Eurekahedge
as its local partner given their team's
understanding of the alternative investment
space and ability to execute quickly on
investment decisions".
Arlington Group
Arlington Group Limited (LSE: ARL) is an
investment company listed on the Alternative
Investment Exchange (AIM) in London.
Eurekahedge
Eurekahedge is a leading alternative investment
consultancy company focusing on research,
publications and capital introduction. It
was founded in 2001 and currently employs
60 people in Singapore, Hong Kong, London
and New York. With a database of over 7000
hedge funds and over 150 hedge fund indices,
Eurekahedge is one of the most widely used
and quoted alternative research houses worldwide.
