The former manager at London-based investment management firm Gartmore Group has launched his maiden long-only European equity fund for his new venture.
Investment Week reported that Guillaume Rambourg’s new fund through Verrazzano Capital will invest at least 80% of its assets in European companies. Rambourg previously ran the original version of the new fund, which is open to external investors, for a single client.
Rambourg was suspended from the said firm in 2010 pending an investigation into alleged trading irregularities. He was later cleared of any wrongdoing.
Launched in 2011 following Rambourg’s departure from Gartmore, Verrazzano Capital is run by a team of 16 professionals.