Hedge Fund Is First to Be Based in Wales

Western MailJuly 13, 2005

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Summary


The first-ever Welsh-based hedge fund has gone live after successfully raising more than pounds 17m. The macro hedge fund, Cadwyn Global, is the idea of Aberdare-born Gerald Holtham, the former chief investment officer of Morley Fund Managers.

The fund has been launched by Cadwyn Capital, with headquarters in Cardiff, in a joint venture with PCE Investors. Cadwyn's managing partner, Mr Holtham, will act as the lead investment manager to the fund.

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Hedge Fund Is First to Be Based in Wales

Backers of the fund include the parent company of Cardiff-based financial services group Julian Hodge Bank, Carlyl...

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