Fairfield launches third-party hedge fund unit


Fairfield Greenwich Group, the $16 billion alternative asset shop, has launched a new business unit that markets third-party hedge fund managers.

The new unit, called Fairfield Capital Partners, will distribute selected funds through its existing investor network, and will utilize the broader group’s resources, including its global sales force.

“Our firm has one of the largest dedicated hedge fund sales teams in the industry and an extensive global investor network which continues to grow,” said Matt Brown, group partner and head of the Fairfield Capital Partners team.

Fairfield hopes to add to mandates from three multi-billion dollar funds, whose strategies