HFSB's Borges To Lead IMF In Europe

Oct 27 2010 | 10:02am ET

The International Monetary Fund has named the head of Europe's voluntary hedge fund industry watchdog as its new European chief.

Antonio Borges will lead the IMF's European Department. He joins the intergovernmental organization in November to succeed Marek Belka, who is now governor of the Central Bank of Poland.

Borges is currently chairman of the Hedge Fund Standards Board, the group set up by 14 top European hedge funds two years ago to promulgate a voluntary code of conduct of the industry. His exit coincides with the impending passage of the European Union's controversial hedge fund and private equity regulations.

"Mr. Borges brings a remarkable combination of public sector, private sector, and academic experience, and has proven strategic and organizational leadership skills," Dominque Strauss-Kahn, managing director of the IMF, said. "He is ideally suited to take charge of the Fund's work in Europe at this critical time."

Borges served as vice chairman of Goldman Sachs International before joining the HFSB. He is also a former vice governor of the Banco de Portugal and dean of the business school Insead.


In Depth

Will Liquid Alts’ Performance Sustain Future Asset Flows?

Aug 25 2014 | 10:34am ET

Liquid alternative investment funds saw the highest percentage of capital inflows...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…