Veritas Adds Newton’s Ciesla

Jun 30 2010 | 12:10pm ET

Veritas Asset Management has hired Newton Investment Management’s Ross Ciesla to boost its private client team.

The London-based hedge fund has named Ciesla a senior private client director. He starts at his new job later this year.

“Ross is joining us at an exciting time for the firm and we very much look forward to working with him.” Veritas co-founder Stewart Newton, himself a co-founder of Newton, said. “His appointment coincides with and complements our ambition to further develop the U.K. private client business in a controlled and respectful manner and we believe he will be a fantastic addition to the team.”

At Newton, Ross was a portfolio manager for private investment management. He has worked at the firm for a dozen years.

Stewart Newton recently raided his old firm for a head for Veritas’ U.K. private client team, hiring former Newton deputy CEO Mark Rayward.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...