Unigestion Hedge Fund Chief Plans Own Hedge Fund

Dec 19 2011 | 12:47pm ET

Unigestion's hedge fund chief is leaving the firm to launch a hedge fund of his own.

Philippe Gougenheim's tenure at Unigestion will end on Jan. 31, 2012. He joined the firm last year from Man Investments, where he was a senior portfolio manager and former chairman of its investment committee. He also formerly worked at Millennium Capital Management.

Unigestion said that Nicolas Rousselet would succeed Gougenheim. Rousselet has worked at Unigestion, which has US$3.7 billion in fund of hedge funds assets, for four years.

As for his plans, Gougenheim told Financial News that he planed "to set up my own hedge fund company." He added that Unigestion plans to back the new venture, but offered no further details.


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