Hedge Funds

Capital Z expands to Europe with investment in Sanctum


Capital Z has made its first investment in a European hedge fund, Sanctum FI LLP, the London-based hedge fund boutique headed by Antony Mayhew and Jeremy Corn.

Terms of the transaction were not disclosed, but the move has boosted Sanctum's assets under management to a more substantial $40 million.

Mayhew had a successful previous record running a hedge for the Bipielle group, and teamed up with Corn, formerly in fixed income at Lehman Brothers, for the launch of Sanctum in September 2003. After a quiet first year, performance has been increasingly impressive in recent months, with a gain of