Blenheim Capital spins off Dutch unit in effort to return firm to commodities focus
By Miles Kruppa
Wed Jun 14, 2017
The group ran a multi-asset portfolio for Blenheim, which it will continue to sub-advise.
Blenheim Capital Management is parting ways with an
Amsterdam-based unit that managed a multi-asset strategy for
the firm as founder and veteran commodities trader Willem
Kooyker attempts to return the firm to its origins.
announced it agreed to spin off Blenheim Capital
Management, BV, a unit led by former Dutch pension manager
Gerlof de Vrij that Blenheim acquired in 2012. The firm
declined to disclose the terms of the transaction, which is
expected to close in July. BBV will remain a sub-advisor to a
portion of Blenheim’s flagship fund once the deal
is the finalized, spokesperson Stefan Prelog said.
It is unclear what prompted the separation, and Prelog
declined to provide further details on BBV’s
operations following the spinoff. It is believed that BBV will
be able to operate independently and raise outside capital for
its strategy following the deal.
"We are extremely proud of the...
ISSN: 2151-1845 / CDC10004H
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