47 Degrees North Capital Management, a niche
funds of funds provider that manages money for California
Public Employees' Retirement System, has entered into a
strategic partnership with Iveagh, the Guinness family office
based in London. Iveagh will become a minority shareholder of
47 Degrees North, which will open a London office. Meanwhile,
Iveagh will provide initial investment in upcoming 47 Degrees
North fund launches that include emerging managers and
innovative hedge fund strategies.
In 2006, Iveagh took...