Canada’s Brookfield Asset Management has its sights set on establishing a European presence for its hedge fund business, according to a report in the Financial Times.
The Toronto-based firm’s Brookfield Hedge Fund Solutions Advisors, a USD1 billion multi-strategy unit trading areas such as equity market neutral and event-driven, has, until now, based all of its trading teams in New York.
According to the report though, the firm is now actively recruiting for a European team which will be operate out of a new office in London.
