Ivy’s Thomsen To JPMorgan

Aug 11 2010 | 10:16am ET

With his old employer not long for this world, Ivy Asset Management’s Patrick Thomsen is trading the fund of hedge funds world for a bank job.

Thomsen, who had been global head of client development at Ivy, was named global head of sovereign clients at JPMorgan Chase. He will be based in London.

“Patrick’s international experience in alternative and traditional asset management and extensive industry relationships will bolster JPMorgan Asset Management’s growth in the sovereign investment sector,” Mary Erdoes, head of asset management, said in an internal memo.

It is Thomsen’s second go-around with JPMorgan Asset Management, where he worked from 1996 until 2005.

Thomsen will not be replaced at Ivy, which is being closed at any rate. The Bank of New York Mellon, which owns the troubled fund of funds shop, is restructuring its fund of funds businesses, winding down Ivy and merging its other two.


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Hedgie Funds US Squash Program

Dec 24 2014 | 8:46am ET

Squash, anyone?

Guest Contributor

EidoSearch’s Top Three Market Projections For 2015

Dec 23 2014 | 4:03am ET

It is that time of year again when prognosticators make their big market calls for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.