Ex-Goldman Hedge Fund Exec. Named CEO Of Egerton

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.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...