Oakley Capital re-brands fund of hedge funds division
Oakley Capital, an investment management, private equity and advisory firm, has re-branded its fund of hedge funds division as Oakley Alternative Investment Management.
Oakley Alternative Investment Management will continue to be a division of Oakley Capital and will continue to oversee the company’s flagship fund of hedge funds, Oakley Absolute Return.
The new name signifies the intention of the division to expand its alternative investment product range under the Oakley Alternative Investment Management banner.
Oakley Absolute Return has had an annualised return since inception of 8.06 per cent while remaining focused on downside protection. Since expanding the institutional investor base during 2009, it has seen its assets under management grow from USD105m in January 2009 to an expected USD225m in January 2010.
“The rapid growth of OAR’s AUM has made it imperative to rebrand the fund of hedge funds division, and marks the next phase of its growth from a boutique advisory to a true institution” says Peter Dubens (pictured), chairman of Oakley Capital. “It also signals our clear intention to increase our offerings in this sector in the near term.”
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