Thursday, 23 February 2017
Last updated 11 hours ago
Apr 4 2011 | 1:02pm ET
A former top adviser to former British Prime Minister Tony Blair has founded an emerging markets alternative investments firm.
Arnab Banerji, along with private equity veteran Andrew Williams, has set up Collabrium Capital in London. The new firm plans to launch a hedge fund and a fund of private equity funds, Financial News reports.
Banrji served as Blair's senior policy adviser on financial affairs from 2002 through 2005. Prior to that, he was chief investment officer at F&C Asset Management, and he left 10 Downing Street to join hedge fund Lansdowne Partners as an emerging markets money manager.
Banerji left Lansdowne in 2008, after the financial crisis caused huge losses at his fund. He has spent the last several years focused on a garden products company that he owns, Imajin.
Williams, who will serve as CEO of Collabrium, is a former director of SVG Capital.