Thames River raises £83.5m via C-share issue

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Thames River has raised £83.5m for its Multi Hedge PCC via a C share issue. It is the second C S...

Thames River has raised £83.5m for its Multi Hedge PCC via a C share issue. It is the second C Share issue on Thames River Hedge+ this year following an earlier issue in the summer, which raised £70m. The closed-ended Guernsey domiciled fund launched in February 2004 and is managed by Ken Kinsey-Quick and Alex Kuiper. It is a fund of hedge funds, holding around 40 underlying vehicles, which aims to achieve absolute returns of 10% per annum through investment in a portfolio of directional and non-directional hedge funds. Thames River said the issue had increased the size of the Compa...

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