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.