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Commerzbank subsidiary sets up FoHFs

Cominvest, the fund subsidiary of German bank Commerzbank, is reportedly launching two funds of hedge funds.

Both products are aimed at professional investors, such as small and medium-sized companies.

In selecting the individual hedge funds for the funds of hedge funds, Cominvest has co-operated with Swiss consultancy Harcourt.

The new FoHFs set up by Cominvest are authorised for public sale, and can be obtained only from branches of Commerzbank.

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