Tokai Bank Europe equity head leaves to start own hedge fund

Head of the equity trading division at Tokai Bank Europe, Mark Page, has left to set up a hedge fund.

Eriswell Capital, which will launch on 1 October, will adopt a multi-strategy market neutral investment approach, with a minimum investment of E100,000 or $100,000.

Targeted returns from the fund, which will be domiciled in the Cayman Islands and listed in Dublin, are expected to be between 15% and 25% a year.

Investments are likely to be in Europe and to a lesser extent in the US and Asia.


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