Fortune Group plans expansion into the US
04/03/2010
The surge of UK hedge fund managers into the US continues unabated. The trend, highlighted in last week’s edition of HFMWeek, for European hedge funds and fund of hedge funds (FoHF) managers to expand their businesses in the US gained another follower, as Fortune Group announces aggressive growth plans, HFMWeek can exclusively reveal.
The UK-based hedge fund and FoHF manager, set up by Simon Hopkins and Richard Tarvin in 1996, is looking to form joint ventures with US wealth management firms to distribute to trust clients in the US, as well as set up partnerships with regional

