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

Q&A: Schroders’ Forest Discusses Multi-Asset Investments On Eve Of U.S. Launch

Jul 17 2014 | 8:05am ET

Global investment manager Schroders has $446 billion in assets under management, $...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

Common Risk Parity Misperceptions

Jul 16 2014 | 11:02am ET

Over the past few years, risk parity has become a component of most investors’...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note