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.

To read the press release, please click here.


Categories

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