Stonehage Group

The Stonehage Group , was established in London in 1976. Stonehage is an international trust, financial services and wealth management group, with offices in Jersey, Switzerland, England, and Israel. The Absa Group beneficially partners Stonehage and as a significant stakeholder Absa uses TriAlpha as their preferred provider of international asset management services.

TriAlpha - International Asset Management

Please click on the links below to learn more about the product and services of Absa Private Bank's International Asset Management Partner.

TriAlpha is an international asset management company focusing exclusively on asset management solutions for investment clients. The company is part of the Stonehage Group, which was established in London in 1976. TriAlpha Asset Management Ltd is based in the offshore jurisdiction of Jersey, which is regarded as one of the top offshore financial centres in the world, with a superior infrastructure and regulatory regime. Capital markets and fund manager analyses are conducted through TriAlpha Investment Advisors Limited, located in the City of London.

MERGER of TRIALPHA and ACP PARTNERS

London: With immediate effect The Stonehage Group has announced the merger of TriAlpha, its

asset management arm, with ACP Partners LLP. The combined businesses will initially be known as

ACP TriAlpha and will have funds under management of approximately US$2.5Bn – R25Bn.The

merger will significantly deepen the talent pool of analysts and portfolio managers thus enhancing

client offerings and services. The Stonehage Group and ACP will each own 50% of the merged

business. The transaction is subjected to the necessary regulatory approvals. In South Africa the

Financial Services Board (FSB) requires notification only.

Founded in 1997, TriAlpha is a dynamic asset management house with an absolute return bias and a

track record of solid investment performance. TriAlpha offers a range of multi‐manager hedge funds,

multi‐asset class funds and direct securities products. Its global client base includes institutions and

high‐net‐worth families.

In 2001 London based ACP was founded by former Goldman Sachs partners Joseph Sassoon and Alok

Oberoi. Sassoon was founder and head of European Private Wealth Management whilst Oberoi was

head of Asian Wealth Management and subsequently, COO of Global Private Wealth Management in

New York. In 2007 South African Brett Lankester, ex‐head of Goldman Sachs’ UK Private Wealth

Management joined ACP in order to further build the business.

ACP ‐ still London based ‐ is an independent investment advisory firm: Over the last several years it

has developed a strong core competency in fixed income, equity management as well as alternative

investment strategies. The firm’s client‐base comprises of a select number of HNW individuals and

ACP’s investment philosophy centres around a strong absolute return focus with a preference for

selecting managers within their area of competency. They adopt a flexible approach that is not

restricted to any particular market segment. Low staff ratios afford ACP the ability to provide high

levels of service on an ongoing basis. Oberoi and Lankester, current managing partners of ACP, will

be joint CEO’s of the merged business. Joseph Sassoon has returned to the academic world but will

continue to act as a consultant for ACP TriAlpha.

Oberoi comments,” By combining the resources of ACP and TriAlpha , we believe we have created a

highly efficient business ideally suited to meet the levels of client service and investment

performance required both for today’s challenging asset management environment and for the

future. Both businesses have a long track record of managing assets as well as a culture of service

and commitment to clients. Market conditions will create historic opportunities in the asset

management industry and ACP TriAlpha is ideally placed to take advantage of them. Giuseppe

Ciucci, CEO of Stonehage adds, ”I am pleased to announce the merger of the ACP team and TriAlpha.

We have worked successfully with ACP and respected their abilities for many years. This merger

creates a very strong investment team that is well placed to serve our private clients and their

increasing need for transparent and more effective investment solutions.”

The Stonehage Group provides internationally based families with wealth management and fiduciary

services. Stonehage is an independent multi‐family office, owned by its management and staff. The

company operates from nine offices worldwide including Johannesburg and Cape Town.

Ends

Issued on behalf of: For Further Information contact:

ACP TriAlpha Cobus Kruger: Director:

By: Jacqui Cranston International Investment

Cranston Communications Tel: 0044 207 087 0850

Tel/Fax 011 728 5186 cobus.kruger@trialpha.com

082 452 9588

[crancom@iafrica.com](<mailto:crancom@iafrica.com>)

TriAlpha makes Global Property Strategy Fund available on Transact

By bill

Created 05/08/2008 - 20:22

TriAlpha, the asset management arm of the Stonehage Group, has announced that its recently-launched property fund of hedge funds, the TriAlpha Global Property Strategy Fund, is now available for investment through Transact.

Unveiled in June, the fund seeks absolute returns by focusing on hedge fund managers that specialise in the global property sector, including property hedge funds from Credit Suisse, Thames River and New Star. In its first month, the fund outperformed the FTSE Epra Global Index by an estimated 11 per cent.

'We are already seeing a high level of interest in the TriAlpha Global Property Strategy Fund and by having the fund available through Transact we are broadening the availability of this exciting new offering,' says TriAlpha director Cobus Kruger.

'We believe that with increasing uncertainty and volatility in the property sector, a fund of hedge funds approach exploits the diverse opportunities available within the global property markets whilst prioritising capital preservation in times of stress.'

The minimum investment for the TriAlpha Global Property Strategy Fund is USD5m or equivalent for institutional investors. Retail fee structures are also available.

Launched in 1997, the TriAlpha Group is an asset management house with an absolute return bias offering a range of multi-manager hedge funds, boutique funds and portfolio solutions including a bespoke service to clients including institutions and high net worth families.

The Stonehage Group provides international families with wealth management and fiduciary services, with more than USD25bn in assets under administration and nine offices around the world.

* [Funds of Hedge Funds](<http://www.propertyfundsworld.com/category/content-channels/funds-hedge-funds>)

ACP & TriAlpha rebrand as ACPI

8 Jul 2009

The merger of ACP Partners LLP and TriAlpha Investment Advisors Limited has been completed; the combined entity will be known as ACPI (ACPI Investments Limited).

With funds under management of approximately US$ 2.5Bn, as at June 30th 2009, ACPI believes that it is strongly positioned to benefit from the market opportunity that has opened up for a boutique investment firm that bridges the gap between traditional investment banks and smaller, family office firms. ACPI offers excellence in internal asset management capabilities across fixed income, equity, asset allocation and funds of hedge funds. In addition, a six person research team provides the firm’s clients with access to some of the world’s best external managers.

There have been a number of key appointments since the start of 2009.

Luigi Bellini has joined ACPI to build its Institutional and Family Office businesses globally. Luigi was previously a Managing Director at Bear Stearns, where he established a large investment management business covering Continental European and Latin American Institutional and Family Office clients.

Jeremy Singer has also joined ACPI to Head the Private Client business. Jeremy was previously at Goldman Sachs, where he spent 11 successful years.

In addition, Gianluca Bencivenni has also joined the firm from Goldman Sachs, where he spent seven years. Gianluca will be Head of Trading and Portfolio Management for the Private Client and Family Office business.

Alok Oberoi and Brett Lankester, both ex Goldman Sachs Managing Directors, are joint CEOs of ACPI.

Alok Oberoi commented: “In ACPI we have created a business ideally suited to exceed the levels of client service and investment performance required for today’s challenging asset management environment. Both prior businesses had a long track record of strong performance together with a culture of service and commitment to clients. Market conditions have created an historic opportunity in the asset management industry and ACPI is ideally placed to take advantage of this.”

He added: “The South African Institutional market has always been important to TriAlpha and will continue to be for ACPI. With the move of Cobus Kruger to our Cape Town office we are strengthening our institutional capabilities and commitment to the region.”_

Brett Lankester commented: “The merger of ACP and TriAlpha has created a far more powerful offering to investors. We are committed to working with both Private Clients and Institutions and appointments such as Luigi and Jeremy signal our ambition to dynamically expand our business.”_