Hermes BPK Partners acquires Caliburn Greater China Fund

Hermes BPK Partners acquired the 100 million Caliburn Greater China Fund. The funds will be in Hermes BPK Suite solutions and hedge funds Hermes BPK Greater China Fund will be renamed to be integrated. The fund is a fund manager with a number of thematic coverage, which will provide attractive risk-adjusted access to the Chinese market and has outperformed the comparison group of Asian funds of funds since its inception at a similar level of volatility. It aims to provide investors with opportunities that can not make through long-only investments. The existing team will continue to advise on the Fund and is based in Singapore. Matteo Dante Perruccio, CEO and founding partner of Hermes BPK Partners, said: "Hedge funds increasingly seen as an intelligent and efficient way to access opportunities in Asia, while improving the risk-return profile This is another exciting development for Hermes. BPK like us to innovate and build a complete range of solutions for the fund with the investment needs of our customers aligned to continue coverage. We will continue to be a leader and innovator in providing solutions to the highest degree of alignment, transparency, governance and commitment. " The shares will be purchased assets to USD2.4bn with Hermes BPK solutions for institutional funds, the strategy-specific and region-specific thematic products for hedging and risk-Re-risking solutions for hedge fund managers and seed / accelerator activities. Hermes BPK Partners Pakenham advised on the acquisition.