Cru weighs up Derks approach

The company, which handles marketing and distribution for the currently suspended private equity funds of funds, announced last week it was interested in replacing Arch as investment adviser to the products. In a letter to advisers with clients invested in the funds, cru MD Marc Ainscough suggests Derks could form part of this plan. "We are considering the role that cru can play to facilitate a better management structure going forward, if it is considered that the existing structure would benefit from strengthening," he says. "Given the fact that Michael Derks has resigned as CIO of ...