StormHarbour Acquires Alternative Manager Fortrinn Partners

November 24, 2010

Global markets and financial advisory firm StormHarbour Partners announced on November 18, 2010 that it has agreed to acquire London-based alternative investment manager Fortrinn Partners.


On November 18, 2010, StormHarbour Partners announced an agreement to acquire London-based Fortrinn Partners.  Fortrinn is a Financial Services Authority regulated investment manager that specializes in volatility trading strategies.  Fortrinn currently manages the Fortrinn Convexity Fund, which employs a strategy designed to benefit from markets risk repricing.  After the acquisition, Fortrinn will be renamed as StormHarbour Alternative Investments.  The transaction is subject to FSA approval.


Categories

Hedge Fund M&A, Investment Manager M&A, Transactions