Saturday, 28 November 2015
Last updated 23 hours ago
Sep 21 2011 | 2:29am ET
A veteran of former President Bill Clinton’s economic team is the new chairman of fund of hedge funds manager Hermes BPK Partners.
Robert Wescott served as chief economist for the President’s Council of Economic Advisors during Clinton’s first term and special assistant to the president for economic policy during Clinton’s last two years in office. In between he was deputy division chief at the International Monetary Fund, including in its European department.
After the end of Clinton’s presidency, Wescott founded Keybridge Research.
“Dr. Wescott is an exceptional individual with deep experience in advising governments, financial bodies and international companies at the highest level,” Matteo Dante Perruccio, CEO of Hermes BPK, the fund of funds management arm of the British Telecom Pension Scheme, said. “His appointment as chairman will allow us to benefit from his expertise in global economic policy and in particular his intimate understanding of U.S. fiscal policy.”
“I am excited to be joining the board of Hermes BPK Partners,” Wescott said. “An innovative company which has established itself as a next generation leader in the fund of hedge fund industry.”
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…