Duo set up fund of hedge funds

former framlington pair birrell and vogel to launch cayman islands-domiciled vehicle

Former Framlington CIO Neil Birrell and chief executive Mike Vogel have set up a Cayman Islands-domiciled fund of hedge funds listed in Dublin. The pair, along with former head of research at Brinson Nick Measham, have established a business called Elcot Capital Management, with the Elcot fund currently comprising the private wealth of the three, along with money from some private investors. Elcot is looking to build up the record of the fund of hedge funds, which invests across a range of strategies and has a particular emphasis on up and coming fund managers, before it considers launchi...