Saturday, 31 January 2015
Last updated 18 hours 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…