Cardinal Asset Management launched

A new asset management company, Cardinal Asset Management, focusing on alternative asset investment products and services for the institutional market, has been launched by Nick Corcoran and Nigel McDermott.

Corcoran is a former founding director and executive vice president of Zurich Capital Markets and McDermott is a former founding director of International Investments & Underwriting (IIU), an asset management, private equity and investment underwriting boutique.