Hedge fund manager Pelham Capital Management is to set up in the Isle of Man.
Ross Turner and Hadyn Cunningham, directors of Pelham Capital Management, opened an office in London in July of this year, from which their new long/short European equity hedge fund will be launched to institutional investors on 1 November. Their aim is to raise US$500m before closing to new investors, and operations will be split between London and the Isle of Man.
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes