Adveq Unveils New Digs, Hires

Jun 5 2007 | 11:45am ET

Adveq, the Swiss private equity fund of funds manger, is opening an office in New York and will transfer several of its Zurich-based investment professionals to the United States. The new New Yorkers include new hires Lee Gardella and Steven Yang, who have joined Adveq's investment management team as executive director and vice-president respectively.

Before joining Adveq in May, Gardella was a managing director leading the private markets group at CTC Consulting, a subsidiary of U.S. Trust Company. Yang, who joined Adveq in April, was previously at Beagle, a New York-based family office, as a portfolio manager for private equity partnerships, hedge funds and direct investments in early stage technology companies.

“Having some of our investment professionals based in the U.S. is a natural step in the evolution of the company, which also enhances our value-add to fund managers,” said CEO Bruno Raschle.

Founded in 1997, Adveq currently manages some US $3 billion of assets for its international institutional investors.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    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…