Hedge fund manager MPC Investors has announced that it has changed its identity to RWC Partners in order to boost its marketing efforts by adopting a name that can be used across multiple

Hedge fund manager MPC Investors has announced that it has changed its identity to RWC Partners in order to boost its marketing efforts by adopting a name that can be used across multiple jurisdictions.

A provider of alternative and Ucits III funds, MPC Investors has attracted high-profile hedge fund managers such as John Innes, Miles Geldard and Ajay Gambhir. All RWC Partners funds will change name in due course.

'MPC Investors has established a strong presence among institutional and professional investors across Europe and the US,' says chief executive Peter Harrison. 'As the business has grown, it has become clear that a new name is appropriate in certain countries. The company has therefore changed its name to RWC Partners.

'Our philosophy remains the same, to provide exceptional portfolio managers with the optimal environment to deliver performance and to offer clients the highest standards of risk management, compliance and client service.

'The strong partnership culture at RWC Partners will continue to underpin our development, extending our range of products and investment teams. Having concluded two successful launches during 2007, we will continue to provide market leading funds for institutional and professional investors.'

Founded in 2000, RWC Partners currently manages USD2.5bn through a range of funds and institutional mandates, including three hedge funds. Pilgrim is an Anglo-European long/short equity fund managed by Innes and his team, Samsara is a pan-European equity long/short fund launched in September 2007 and managed by Gambhir, and Strategic Opportunities was launched in July 2007 and is managed by Geldard and his team.

RWC Partners also manages institutional mandates and regulated Ucits III funds. Geldard's team runs the Global Convertibles and the Strategic Reserve Fund, both launched in January 2007, which have more than USD900m in assets.