Mergers & Acquisitions / Joint Ventures

Smith and Heijman join forces to forge new Privium platform


Two veterans of the global hedge fund industry, Paul Smith and Clayton Heijman, are teaming up with another well-known figure in the business, Nick Paris, to establish a new platform that will support start-up funds in London.

The new company, Privium Fund Management (UK), is taking over the London business of Asia Alternative Asset Partners (UK), which will enable it to get on with business right away.

Privium aims to provide a one-stop solution for new fund managers, offering a variety of services including asset management, middle and back office administration, marketing, office infrastructure and support. The firm