FRM Founder To Be CEO… Again

Mar 8 2010 | 4:07am ET

A familiar face is retaking the reins at fund of hedge funds shop Financial Risk Management.

Blaine Tomlinson will take over as CEO next month. The founder of FRM, Tomlinson served as CEO until 2007. He has been the $8.5 billion firm’s chairman since.

Tomlinson succeeds his successor as chief executive: Brian Robinson is retiring at the end of March. FRM has seen its asset base drop 38% since 2007, although that is not the reason Robinson is stepping down, according to Pensions & Investments.

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    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…