LONDON, July 3 (Reuters) - Odey Asset Management is in advanced talks to move its special situations fund managed by Adrian Courtenay to Green Ash Partners, said a letter to investors dated July 3.
Green Ash Partners is a boutique investment manager based in Switzerland and the UK with over $1 billion in assets under management, according to its website.
The discussions are subject to due diligence as well as board and regulatory approvals, the letter said.
"Similar discussions are ongoing in relation to other funds managed by OAM LLP and we will provide further updates about all funds in due course," the letter said.
Reporting by Nell Mackenzie; Editing by Chris Reese and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
Persons:
Adrian Courtenay, Green, Crispin Odey, Odey, Nell Mackenzie, Chris Reese, Leslie Adler
Organizations:
Odey, Management, Green Ash Partners, redemptions, Financial Times, Tortoise Media, Thomson
Locations:
Switzerland