Thames River Multi Hedge PCC

Thames River Multi Hedge PCC (LSE: TRMU) was a large British hedge fund based in Guernsey. It was listed on the London Stock Exchange until it was placed in liquidation in 2013.

History

The company was formed as a Protected Cell Company ('PCC') in 2004. It intended to raise over £200 million through a new share issue in 2008,[1] but it actually managed to raise only £106.6 million.[2] It joined the FTSE 250 Index in September 2008,[3] but was placed in liquidation in 2013.[4] It was managed by Thames River Capital and the Chairman was William Backhouse.[5]

References

  1. ^ "Thames River Hedge seeks £200m through new share issue". Hedge Week. 29 April 2008. Retrieved 27 November 2025.
  2. ^ "Thames River Hedge+ raises barely half GBP200m target for new share issue". Hedge Week. 3 June 2008. Retrieved 27 November 2025.
  3. ^ "Tech shake-up at FTSE 100". Investors Chronicle. 11 September 2008. Retrieved 27 November 2025.
  4. ^ "Thames River Multi Hedge PCC: Liquidation & Return of Capital" (PDF). London Stock Exchange. 26 June 2013. Retrieved 27 November 2025.
  5. ^ "Executive Profile William Backhouse LVO". Bloomberg Businessweek. 14 November 2015.


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