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

Feb 19 2010 | 9:18am 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

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

iCapital Network: The Trump Effect On Direct Lending

Feb 23 2017 | 4:21pm ET

The arrival of the Trump Administration has raised questions among private debt...

 

From the current issue of