Saturday, 27 December 2014
Last updated 3 days ago
Oct 22 2010 | 1:33pm ET
Former Goldman Sachs executive Jeff Blumberg is set to take the reins at Egerton Capital after just six months at the hedge fund.
Blumberg will succeed Helen Avery as CEO of the London-based firm, which has US$4.5 billion in assets under management, at the end of the year, Financial News reports. Avery, who has been with Egerton since its launched in 1994, has been CEO for five years.
Blumberg joined Egerton in June from Goldman Sachs Asset Management, where he was co-chief operating officer of hedge fund strategies, charged with strengthening the firm's business. Mark Standish, currently head of fund operations at Egerton, will take over Blumberg's seat as chief operating officer.
For her part, Avery will "pursue other interests outside the financial sector," Egerton told investors in a letter.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
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.