BNY Asset Management Chief To Hedge Fund Kedge

Jul 29 2010 | 11:36am ET

The co-head of the Bank of New York Mellon’s asset management arm is set to join a hedge fund.

Jonathan Little has agreed to become CEO of Kedge Capital’s nascent global asset management business. He is charged with building the asset management unit through acquisitions and fund management team lift-outs, the London-based hedge fund said.

He starts at Kedge in November.

At BNY Asset Management, Little was vice chairman and interim co-head. The group recently restructured its fund of hedge funds businesses, merging two of them and winding down the third, Ivy Asset Management.

Mitchell Harris, BNY Asset Management’s other interim co-head, will lead the business on his own until a permanent head of the division is hired.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...