Hedge Funds

Canada's Rosseau opens funds internationally


Toronto-based Rosseau Asset Management has added to its hedge fund platform with the introduction of offshore and U.S. feeder funds.

The firm is acting as the investment advisor to the G10 - Rosseau Special Situations Fund, which is employing the same special-situations strategy that the firm has been managing in its Canadian-domiciled Rosseau Limited Partnership.

The fund invests primarily in North America with an emphasis on Canada. It looks to identify opportunities arising out of corporate restructurings, turnarounds, unique growth situations and market anomalies.

From its January launch through the end of May, the new offshore fund has returned