BlueCrest Loses Fixed-Income Specialist Ilott

Jan 11 2010 | 12:35pm ET

Steve Ilott is out at BlueCrest Capital Management, little more than a year after he joined the British hedge fund to increase its offerings for institutional investors.

Ilott left the firm at the end of last year, Financial News reports. Former colleagues of the Aberdeen Asset Management and Deutsche Asset Management veteran say he’ll likely found his own firm in the near future.

After a stint as head of fixed-income at both Aberdeen and Deutsche AM, Ilott joined BlueCrest in September 2008. He led the firm’s Alignment Investors group, which builds lower-risk strategies, especially absolute-return fixed-income products, designed for institutional investors.

The group has raised more than US$1 billion. Alignment’s three other co-founders remain at BlueCrest, according to a filing with the Financial Services Authority.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...