Carole Frelechoux

Bank CIC is a private bank based in Geneva with branch offices in several other major cities in Switzerland. The firm has about 10% ($250 million) of its total assets under management invested in funds of hedge funds on behalf of its private clients. The Bank has invested in both single and multi-strategy funds and are very opportunistic as its only strict mandate is that the fund of funds is registered in the European Union and more preferably registered in Switzerland specifically. If the fund is registered in the European Union it is easier to become registered in Switzerland. .