Tennyson Offers Help to Fledglings

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Byline: Pirkko Juntunen

Tony Stocks, founder of Citco Fund Services, has teamed up with former bankers Mike Wellings and Simon Harman to launch Tennyson Capital Partners, a service provider for early stage hedge funds.As many hedge funds struggle to get off the ground in what many agree is the most difficult capital raising environment in years, Tennyson hopes its solutions for new hedge funds will enable more fledgling funds to succeed.

Stocks, chief executive of Tennyson, says: "We are offering a business architecture and consultancy service that saves entrepreneurs an enormous amount of time, hassle and money, allowing them to focus on doing what they do best - creating alpha."

Start-up hedge funds …