Founded in 1997, Harcourt is headquartered in Zurich with branch offices in Stockholm, New York, Geneva, Madrid and Hong Kong, and Cayman Islands. The firm is currently looking to allocate towards hedge funds and private equity funds. Harcourt Investment Consulting runs two arms of the consulting business in its Zurich offices. The first is research on external hedge funds to make investments into internally run fund of fund products. The second arm's function is research and due diligence on external fund of funds which it then recommends to clients.