CNN – Odey Asset Management, a $10 billion hedge fund based in London, is opening a U.S. office in New York, Fortune has learned.
It will be led by new head of U.S. sales Tom Trowbridge, who previously was head of marketing for Lombard Odier’s 1798 Investment Strategies Fund. In an email to friends and colleagues, Trowbridge wrote of Odey: Besides the flagship global equity long/short hedge fund which has compounded at 14% over the past 21 years, the firm also offers several funds in European equity and global macro strategies. I am opening the US office in New York which is where I will be based.