Sunday, 5 July 2015
Last updated 2 days ago
Mar 17 2011 | 12:09pm ET
Martin Phipps, the former head of Europe hedge fund sales at Gartmore Group, has a new job four months after he was laid off by the troubled firm.
Phipps will join hedge fund NewSmith Capital Partners in May, Financial News reports. The newly-minted partner will serve as the firm's first head of marketing.
Phipps was a victim of Gartmore's restructuring and layoffs in December, just weeks before the firm finally found a buyer in Henderson Global Investors.
NewSmith was set up in 2003 by a quintet of former Merrill Lynch executives. It launched its first hedge fund the following year and now has five long/short equity funds covering the U.K., Europe, Japan and emerging markets, as well as a global fund.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…