HedgeCo.net -January 17, 2008. Fairfield Greenwich Group ("FGG"), a leading global alternative asset management firm with approximately $16 billion in assets under management, today announced the formation of a new business unit dedicated to the marketing and distribution of external hedge funds and private equity funds. FGG, with over 24 years in business, a diverse global client base, and a broad platform of alternative investment vehicles, has created the Fairfield Capital Partners team to focus exclusively on these third-party mandates.
The Fairfield Capital Partners team, drawn from the firm’s Investment, Operations, Sales/Marketing, and Client Services groups, will identify, position, and distribute funds through the existing FGG investor network. The Fairfield Capital Partners team will enjoy the full support and resources of Fairfield Greenwich Group, including the firm’s global sales force. Fairfield Capital Partner’s current mandates include three multi-billion dollar funds, whose strategies include systematic trading, activist investing, and discretionary global long/short.
Matt Brown, Partner of FGG and head of the Fairfield Capital Partners team commented, "Our firm has one of the largest dedicated hedge fund sales teams in the industry and an extensive global investor network which continues to grow. We therefore believe FGG will be an attractive marketing and distribution partner for many of the industry’s leading managers."
About Fairfield Greenwich Group
Founded in 1983, Fairfield Greenwich Group ("FGG") is a leading alternative asset investment specialist. FGG’s mission is to offer our clients superior hedge funds and related products with a high level of client service and support. Throughout its history, the firm has internally managed its own hedge funds and selectively identified external managers for a limited number of joint venture relationships through which fully transparent single manager and multi-strategy hedge funds are developed and managed.
Today, FGG offers a variety of single manager, multi-strategy, fund-of-funds, and other investment vehicles to meet most alternative investors’ needs. As of January 2008, FGG has approximately USD $16 billion in client and firm assets under management. It is an employee-owned firm with over 120 employees, 19 of whom are shareholders, and has offices in New York, London, Madrid, and Bermuda, and representative offices elsewhere in the U.S., Europe, and Asia. Fairfield Greenwich Group is the marketing name for the securities and investment advisory businesses of Fairfield Greenwich Limited and its subsidiaries worldwide.
Please visit www.FGGUS.com for more information.
Andrew Ludwig, Director of Communications
Fairfield Greenwich Group
55 East 52nd Street – 33rd Floor
New York, NY 10055
(212) 319-6060 Tel
(212) 319-0450 Fax