Thursday, 30 July 2015
Last updated 1 min ago
Mar 25 2010 | 11:17am ET
CQS has added a real-estate investor with an impressive pedigree to its roster.
George Kountouris has joined the US$7 billion London-based quantitative shop from Portland Capital, a property hedge fund backed by banking scion Jacob Rothschild and British venture capital legend Ronald Cohen. He’ll serve as a property specialist at CQS, according to Financial News, focusing on indirect property investments and offering advice. He will not manage a standalone fund at the firm.
Kountouris closed Portland, which he set up in 2006, last year. Volatility in the property markets was blamed, but the fund had also posted spectacularly poor returns, ending with a loss of 33% since inception.
Before founding that hedge fund, Kountouris was head of European property at Credit Suisse. He also worked for a decade at Deusche Bank, rising to head its property private equity group.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…