Hedge Fund Terra Hires In Serbia

Dec 29 2010 | 5:48am ET

Terra Partners is returning to the Balkans, hiring a woman it had previously installed on the board of directors of a Serbian electrical trading company it bought five years ago.

Danijela Mirkov-Arkula will lead the Prague-based activist hedge fund’s reborn Belgrade office. She will cover Eastern Europe in her new post.

Terra quit the Balkans and Serbia nearly three years ago amidst valuations that it called unrealistic.

Mirkov-Arkula was formerly with Petroleum Industry of Serbia, where she looked at possible acquisitions in the Balkans.

Terra manages $157.5 million.

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