Fund of Hedge Funds Mergers & Acquisitions / Joint Ventures

Collins Stewart buys Corazon

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Collins Stewart's Wealth Management Division has bought the Corazon Capital Group, an independent Guernsey-based investment manager with assets under management of $569 million, of which $549 million is discretionary and managed from its offices in Guernsey and Geneva. On the hedge fund side, Corazon has $100 million in single manager hedge funds and some $30 million in funds of funds.

Collins Stewart is already well placed to take UCITS to the high-net-worth market via the UCITS III route. Collins Stewart Fund Management has launched the Collins Stewart Alternative Strategies Fund, which has a target absolute return objective of