Bank of Bermuda set to launch hedge fund incubator for Australian managers

Bank of Bermuda is to launch a hedge fund incubator aimed at Australian resident managers. The Kangaroo Fund Limited combines the full range of specialist services required to establish a new fund under one umbrella, thus offering resident Australian hedge fund managers economies of scale to ensure the best chances of success for their funds in the international market. Managers are not required to have a minimum of assets under management to take advantage of the service.

Deacons will provide l