George Philips and David Rogers' Northwest Investment Management doubles assets under management
|May 2nd, 2010||
|Northwest Investment Management has more than doubled its assets under management since George Philips and David Rogers spun the hedge fund manager off from RAB Capital in 2009. According to Bloomberg, Northwest’s assets have jumped from $300 million to almost $680 million. |
The significant increase in AUM can be attributed to both new inflows as well as the performance of its hedge funds. Almost half of Northwest Investment Management’s assets are housed in its flagship Asian market-neutral Northwest Fund, which has almost $330 million in AUM.
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