Guernsey Hedge Fund Group Plans Swiss IPO
International hedge fund management and brokerage services company Gottex plans
an IPO in Switzerland, the company said this week. Gottex was founded in 1986 by Joachim Gottschalk, and initially specialized
in providing brokerage services in the interest rate derivatives market. In
1992 the company branched out into fund management with Gottex Fund Management,
and says it has US$13.3bn as assets under management. The company has operations in Switzerland, Germany, United Kingdom, United
States, Hong-Kong and Australia, but the fund management company is registered
in the British Virgin Islands, while the holding company which is apparently
going to stage the IPO is based in Guernsey. Gottex was ranked Number 1 Swiss Franc interest rate swaps Inter Dealer Broker
in 2007 by Risk Magazine, and has won a number of other awards over the years. The company did not give a timing for its IPO or any reason as to why it might
want to raise cash. .
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