GMP Hires New Hedge Fund Managers

Apr 28 2010 | 7:30am ET

Canada’s GMP Investment Management has nabbed a pair of Investors Group portfolio managers to helm its C$303 million hedge fund.

David McClure and Kevin McLean will handle the equity investments of the GMP Diversified Alpha Fund, succeeding Tim Lazaris, who left the firm earlier this year. The two are set to join GMP next week after leaving Investors Group earlier this month.

At the old jobs, McClure and McLean managed some C$2 billion across several funds. Investors Group has yet to name new lead managers for those funds.

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