Toronto-based hedge fund firm Leeward Hedge Funds is making a global marketing push for its Leeward Offshore Bull and Bear Fund.
The long/short North American equity fund has approximately USD 10 million and the firm is planning to grow this considerably, with no capacity limit on the horizon, according to Robert Lendvai, managing director of Leeward.
The fund, which is co-managed by Kyle McKay and Michael Brendan Kyne, was up 14.0% in 2005 and has by the end of March this year, had already returned 6.3%.
In support of the fund's growth plans, Leeward has also hired Chris Vokes as vice president of business development. A veteran of the Canadian financial services industry, Vokes was most recently vice president of sales at a Toronto-based alternate investment company.
"We're very excited to have Chris join the Leeward team," says Michael Brendan Kyne, chief investment officer of Leeward Hedge Funds Inc. "Chris is a success oriented business leader and strategic thinker and brings considerable sales and marketing expertise to the firm."
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