{"id":8557,"date":"2008-09-08T00:00:00","date_gmt":"2008-09-08T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"us-hedge-fund-fairfield-swiss-private-bank-merge","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/us-hedge-fund-fairfield-swiss-private-bank-merge.html","title":{"rendered":"US hedge fund Fairfield, Swiss private bank merge"},"content":{"rendered":"<p>Reuters &#8211; U.S. hedge fund Fairfield Greenwich Group has merged with Swiss private bank Banque Benedict Hentsch, bringing their combined assets under management to more than $18 billion.       <\/p>\n<p>The deal will allow Fairfield&#8217;s clients to access Banque Benedict Hentsch&#8217;s (BBH) suite of wealth management services and provide it a broader base of operations within Switzerland, according to a letter by Fairfield founding partner Andres Piedrahita to investors.<\/p>\n<p>BBH gains added products and infrastructure support from the deal and the combined company will try to grow the private bank, the companies said in a statement.<\/p>\n<p>The terms of the deal were not disclosed.<\/p>\n<p>Geneva-based BBH, which was founded in 2004, serves institutional and private clients in areas such as banking, securities, foreign exchange, tax and estate planning, they said.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.reuters.com\/article\/privateEquity\/idUSN0738659620080908\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters &#8211; U.S. hedge fund Fairfield Greenwich Group has merged with Swiss private bank Banque Benedict Hentsch, bringing their combined assets under management to more than $18 billion. The deal will allow Fairfield&#8217;s clients to access Banque Benedict Hentsch&#8217;s (BBH) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1004,72,2526,803,2567,2564,117,2565,83,1417,2566],"class_list":["post-8557","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-accredited-investors","tag-bankruptcies","tag-compensation-package","tag-external-managers","tag-fund-positions","tag-indian-financial-institutions","tag-investment-arm","tag-management-meeting","tag-medallion","tag-murdoch","tag-termination-fee"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8557"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8557\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}