Tremont Snags Ivy Capital Exec.

Apr 30 2007 | 12:42pm ET

Tremont Capital Management has named Mark Santero as senior vice president and chief operating officer of the firm’s investment management group.

Santero joins from Ivy Capital Management, where other recent departures from the Bank of New York-owned hedge fund include Adam Geiger, who served as CIO, and Francis Chu, the head of relative value strategies

In his new role at Tremont, Santero will report to Cynthia Nicoll, Tremont's CIO.

"This is a key hire to support Tremont's continuing emphasis on development and expansion of its core investment management infrastructure," said Nicoll. "Mark has a broad mandate to support the investment management team in various business operations areas, enhancing our ability to invest more effectively and efficiently."

While at Ivy Capital, Santero held a similar role and also reported to the CIO. He was at Amvescap from 1991 to 2003 in a variety of senior positions and prior to that had worked at US Trust Company, Scudder, Stevens & Clark and Lazard Freres.

Tremont Capital Management is the flagship fund of hedge funds unit of Tremont Group Holdings, which currently has $5.9 billion of fund of hedge fund assets under management.

 


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

FATCA for Hedge Funds: Eight Common Pitfalls

Sep 1 2015 | 10:56am ET

FATCA is now a way of life for those in the financial industry and most professionals...

 

Editor's Note