OTTP provides anchor commitment to Deimos' hedge fund product
Deimos Asset Management has launched its new hedge fund management business, which was formed through a recent management buyout of Guggenheim Global Trading's platform. Ontario Teachers’ Pension Plan (OTTP) is an anchor investor in Deimos’ multi-strategy product, while Ares Management has made a strategic investment in the firm. Based in Purchase, New York, Deimos launched its operations with nine investment strategies focused initially on the United States and Europe. It is co-led by Mark Standish, a former executive at the Royal Bank of Canada and co-CEO of RBC Capital Markets.
3 March 2015•4 mins read
