Danish hedge fund nominated for best Global Equity Hedge Fund 08

Date: Friday, January 23, 2009
Author: Hedge Nordic.com

Swiss based hedge fund Farringdon has been nominated for best Global Equity Fund 2008 in the EuroHedge Awards. The fund was founded in 2006 by Danish, Andreas Tholstrup and Dutchman, Bram Cornelisse in 2006.

- We are of course pleased with this recognition, Andreas Tholstrup tells Hedgenordic.com

It is the second time Andreas Tholstrup has been nominated for best Global Equity Hedge Fund. The first time was when Andreas was working for Carnegie as a manager for Carnegie WorldWide Long/Short.

Andreas Tholstrup was the founder of Carnegie WorldWide Long/Short, which he left in spring 2006 to start his own fund Farringdon. Andreas established Farringdon together with his colleague from Merrill Lynch, Bram Cornelisse. The two worked together at Merrill Lynch in the nineties. At that time, Merrill Lynch was based in the district called Farringdon which is where the name derives from.

Farringdon had a good 2008, being one of the few hedge funds that saw net inflows in worst year of outflows ever for the industry, moreover Farringdon ended the year up by 4.88 pct with a risk profile that was considerably below that of the market.  In 2007 Farringdon returned +15% and they are so far onto a positive start to 2009