Gartmore Hedge Fund Manager Williams Quits

Sep 2 2010 | 11:12am ET

Assets under management aren’t the only things fleeing Gartmore Group.

The London-based firm announced the exit of a second senior fund manager in as many months, with Gervais Williams following Guillaume Rambourg—and general counsel William McGowan—out the door. Williams, one of Gartmore’s longest-serving fund managers, will leave the firm later this month “to pursue other interests,” Gartmore said.

In addition to hedge funds, Williams managed Irish-listed and small-cap funds at Gartmore. Adam McConkey will succeed Williams at the firm’s U.K. Smaller Companies fund. McConkey and Rob Giles will take over the U.K. and Irish Smaller Companies fund.

In July, Guillaume Rambourg resigned from Gartmore just two months after he was reinstated after a suspension for violating company policy. Rambourg said he left the firm to focus his attention on fighting a Financial Services Authority probe.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…