Hedgebay Taps Clavel To Lead European Ops.

Jun 27 2011 | 7:49am ET

Hedgebay, which provides access to the secondary hedge fund market, has promoted Lindsey Clavel to managing director for Europe.
 
In her new position, Clavel will be responsible for determining the strategic direction and growth of the Hedgebay business. She will also have responsibility for Hedgebay’s operations in MENA and Australasia.

Prior to joining Hedgebay in 2005, Clavel spent 10 years running the metals trading desk of an Italian industrialist’s family office. Before this, Clavel had served for a number of years with the Foreign and Commonwealth Office in the Middle East.

Clavel was appointed to lead Hedgebay’s business development in the UK and Europe last June and saw the firm pass the US$5 billion watermark for completed transactions.
 
Said Clavel, “There is a lingering perception among those familiar with the secondary market that it is only useful for managers exiting illiquid positions. In reality, our service is most effective when used as a day to day trading tool. One of my top priorities will be to get the message out there that Hedgebay provides a hugely valuable service for people in sectors across the financial services industry.”
 
Hedgebay co-founder Elias Tueta, who previously executed these responsibilities, will move into more of an advisory role.
 
Founded in 1999, the Nassau-based Hedgebay Trading Corporation helps match sophisticated buyers and sellers of hedge fund interests and other illiquid alternative investment assets. 


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR