Company name Tantallon Emrg Mkts
Headline Change of Investment Manager and Directors


RNS Number : 6328G
Tantallon Emerging Markets(Non-US)
02 July 2012
 

STOCK EXCHANGE ANNOUNCEMENT

 

 

 

                                                                                                                                29 June 2012

 

 

 

The Tantallon Emerging Markets (Non-US Feeder) Fund  

(the "Company")

 

Re:  Change of Investment Manager and Directors

 

 

The directors of the Company (the "Directors") wish to announce that with effect from 1 July 2012, Indus Capital Partners, LLC ("ICP") will replace Tantallon Capital Limited (the "Outgoing Investment Manager") as the investment manager of the Company pursuant to a deed of novation between the Company, the Outgoing Investment Manager and ICP. ICP will act under the same terms and conditions and for the same fees as the previous investment manager acted.

ICP was formed in 2000 and is a U.S. limited liability company with its principal office in New York City and that also maintains offices in Stamford and San Francisco. ICP is registered as an investment adviser with the U.S. Securities and Exchange Commission. As at 01 June 2012, ICP had approximately US$4 billion in assets under management.

 

The Directors of the Company wish to announce the appointment of Brian Guzman, J. Dennis Hunter and Karla Bodden as directors of the Company with effect from 1 July 2012.

Mr. Guzman is a Partner and General Counsel of ICP managing the firm's Legal and Compliance department.  Mr. Guzman joined ICP in August 2005.  Prior to joining ICP, Mr. Guzman spent five years with the law firm of Seward & Kissel LLP in New York where he was a Senior Associate in the Investment Management group.  Mr. Guzman specialized in the formation and structuring of private investment funds (both domestic and offshore), private equity funds and registered investment companies, as well as advising registered and unregistered investment advisers on a variety of matters.  From 1994 to 2000, Mr. Guzman was a principal of an operating company that launched and operated several fast food restaurant units in Manhattan, performing start-up transactions and corporate duties.  Mr. Guzman graduated magna cum laude from Brooklyn Law School in June 2000.  In 1993, he graduated with a B.S. in Management and Industrial Relations from the Stern School of Business, New York University.

 

Dennis Hunter has been the Managing Director of Queensgate Bank & Trust Company Ltd., Grand Cayman, Cayman Islands since 1993, and has over thirty years' experience of international banking and administration of mutual funds.  Mr. Hunter was from 1978 to 1993 Financial Controller and