Kleinwort Benson Private Bank LTD a subsidiary of Allianz AG and based in London is one of the UK’s most historic names in banking and investment management. The bank manages £6 billion and was awarded the Best Private Bank 2008 at the Investors Chronicle/Financial Times Wealth Management Awards. The firm currently has about�€1.5 billion directed to alternative investments. The bank invests in hedge funds and fund of hedge funds.