DSP's Dalton Dies At 61

Apr 28 2011 | 12:24pm ET

Hedge fund veteran Andrew Dalton, founder of Dalton Strategic Partnership and former vice chairman of Mercury Asset Management, died on Sunday. He was 61.

Dalton suffered a heart attack at his family home in Scotland.

"Andrew has been a highly respected and inspiring colleague who will be sorely missed by all those who have had the privilege of knowing him," Magnus Spence, who was named Dalton's successor at DSP, said. "If you have met Andrew or heard him speak, you will know the energy, exuberance and enthusiasm he brought to investment, and to the wide range of his other activities and interests."

Dalton managed DSP's global asset allocation and its Melchior Global Macro hedge fund at the time of his death. He founded the firm, which has $2.2 billion in assets under management, nine years ago.

Dalton is survived by his wife, Jenny, and four children.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...