Friday, 1 August 2014
Last updated 1 hour ago
Jun 28 2010 | 7:08am ET
Britain’s Conservative Party has traded one hedge fund manager for another as its treasurer after taking power for the first time in 13 years.
Blackfish Capital’s David Rowland has taken the reins at the Tory treasury from former Man Group CEO Stanley Fink. In the post, he’ll work to ensure that the Conservatives—who took office despite an underwhelming electoral performance in this year’s election in coalition with the center-left Liberal Democrats—continue to receive the millions in donations that fund its campaigns.
Rowland said it was a “tremendous honor” to become the party’s treasurer.