James Caird Asset Management has hired two special situation experts from Cheyne Capital. Ian Newton and Matthew Addison joined the $2.5 billion alternative investment firm last month.
Newton and Addison join other recent hires Ali Satrap (macro, ex partner at London Diversified) and Harald Hendrikse (equity, ex Bank of America Merrill Lynch), Alastair Gilmour (credit, ex Cheyne) and Pieter Staelens (high yield credit, ex CQS) in JCAM’s London operation. JCAM is also expanding its middle and back office teams.
“JCAM is fortunate to be growing at this time as the available talent pool is deep. The availability of top quality analysts, managers and traders has never been higher. We believe that the nature of financial markets and the investment styles providing the most compelling investment opportunities have changed for the foreseeable future and we are reflecting that view in our investment team.” said John Demaine, a JCAM partner.
JCAM manages the JCAM Global and the JCAM Credit Opportunities Funds. The firm has over 60 employees in the U.S. and the UK.