Trafalgar winding down Catalyst, makes new appointments

Thu Apr 28, 2011

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Trafalgar Asset Managers, the European hedge fund group headed by Lee Robinson and Theo Phanos, has told investors that it plans to wind down Trafalgar Catalyst, the firm’s flagship event-driven fund since its inception in 2001.

The announcement was seen by some investors as slightly surprising – given that the fund came through the financial crisis very impressively, with a positive return in 2008 despite paying out huge redemptions, and was still running assets of close to $400 million last month despite...

ISSN: 2151-1845 / CDC10004H

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