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Sarasin Appoints Hedge Fund Advisor

Stephen Harris

12 June 2008

Bank Sarasin has appointed Harcourt Investment Consulting as advisor to its fund of hedge funds platform.

This strategic partnership comes into place after Harcourt had successfully advised Bank Sarasin on its “Torneo” funds in July 2006. Bank Sarasin and Harcourt have since confirmed their intention to establish a lasting business relationship.
 
Under the arrangement, Harcourt will help in the selection, due diligence and monitoring of the hedge fund offering of Bank Sarasin.
 
"We are very pleased that with Harcourt we have been able to win a truly valuable long-term strategic partner with enormous alternative investment expertise. The partnership will make a strong contribution to the growth of our open architecture hedge fund platform”, said Nils Ossenbrink, head of products at Bank Sarasin Group.