Thames River dampens IPO speculation

Thames River Capital, the hedge fund specialist with $7bn (€6bn) under management, has played down talk among investment bankers that it will seek a UK listing next year.

The speculation has been fuelled by strong growth at Thames River and an increase in assets under management of more than 40%. The firm has also set aside £18m (€26m) as an end-of-year bonus pool for its staff, in addition to the £30m paid in bonuses in the nine months to the end of March, according to accounts filed at Companies House.

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