Swiss private bank group Lombard Odier's hedge fund venture
with its 1798 Global Partners affiliate is starting to gain
The planned launch of a new European distressed debt fund is
the latest step in the expansion of 1798 Global Partners, the
global hedge fund firm based in New York and Geneva that is
closely affiliated with the Swiss private banking group Lombard
The 200-year-old Swiss back has made a significant strategic
commitment to its hedge fund venture, which is led by CIO and
former investment bank trader Aziz Nahas. Lombard Odier's
clients have provided much of the outside capital for the
firm's existing funds, which total around $300 million. The
group has also provided working capital for the first few years
of the alternative manager's life.
Hubert Keller - a managing partner of Lombard Odier in
Geneva - is the CEO of 1798 Global Partners. And...