HSBC Alts. Adds Kaupthing’s Forshaw For Real Estate Push

Feb 19 2010 | 10:18am ET

HSBC Private Bank’s hedge fund division is strengthening its real estate group as it embarks on an effort to buy up properties in the Northeast’s biggest cities.

Chris Allen, head of HSBC Alternatives, has been named CEO of the group, which manages $31 billion in hedge fund assets. HAIL has also added Paul Forshaw as head of real estate fund management.

In his new post, Forshaw has been charged with creating and implementing a real-estate strategy for HAIL.

Forshaw joins HSBC from Kaupthing Investment Bank, where he was part of a real estate proprietary trading team.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of