AIP-Kingsmont Awarded New Fund Mandate

TORONTO, July 5, 2012 /CNW/ - Alternative Investment Partners Inc., AIP-Kingsmont Fund I GP, LLC and Kingsmont Investment Management Inc. (together, "AIP-Kingsmont") has been awarded a new mandate and became the new General Partner and Portfolio Manager for a hedge fund (the "Fund").

The Fund was previously managed by Pearl and McKinney L.P. and its principal Charles Tate, a well known portfolio manager and founder of Hicks, Muse, Tate & Furst which was involved in more than 400 transactions with a total capital value of approximately $50 billion.

Alternative Investment Partners Inc. was instrumental in putting this transaction together and an agreement was signed in June 2012. A new executive team composed of Paget Warner, Alex Kanayev and Jay Bala will assume responsibility for management of the Fund's portfolio.

SOURCE AIP Hedge Funds

For further information:

AIP-Kingsmont 
Royal Bank Plaza - North Tower
200 Bay Street, Suite 2020
416.601.0808 x 226
info@aiphedgefunds.com

Profil de l'entreprise

AIP Hedge Funds

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.