Bloomberg – Brummer & Partners, the largest Scandinavian hedge fund, plans to start an event-driven fund that seeks to profit from events such as mergers in the Asia- Pacific region, said two people with knowledge of the matter.
The Stockholm-based firm has teamed up with Scott Collison, a former portfolio manager at Millennium Management LLC’s Asian business, to start Orvent Asset Management Pte in Singapore to manage the fund, the people said, asking not to be identified because the information is private.
