Oriel Asset Management (OAM) has appointed T. Bailey as Authorised Corporate Director (ACD) and Administrator for its first UCITS IV vehicle, the TB OAM UK Equity Market Fund. The Fund launches on May 1 and will be managed by OAM Founding Partner, David Urch.
Nottingham UK-based family office T. Bailey recently established itself as a specialist in ACD and administration services for new fund launches. In November Edinburgh-based Nettle Capital Management LLP launched the TB Nettle European Micro Cap Fund, another UCITS IV vehicle, with T. Bailey acting as ACD and Administrator.
As at March 31 2012, T. Bailey had AUA of approximately 400 million.
(JDC)