Unigestion Names Gougenheim Replacement

Feb 2 2012 | 2:36am ET

With its former hedge fund chief preparing for the launch of his first independent hedge fund, Unigestion formally named Nicolas Rousselet as Philippe Gougenheim's successor.

Rousselet's appointment is no surprise; Unigestion said in December that he would take over for Gougenheim. Rousselet has been with the firm since 2008, helping build its fund of hedge funds business and serving as strategy manager for arbitrage, credit and equity hedge. Newly appointed managing director and head of hedge funds, Rousselet will also serve on Unigestion's executive committee.

"During the four years he has spent with us Nicolas Rousselet has demonstrated his ability to create and manage innovative and performing investment solutions for our clients. He also showed his commitment to Unigestion’s values and investment DNA," Fiona Frick, Unigestion CEO, said. "His appointment as head of hedge funds is therefore a natural decision."

Prior to joining Unigestion, Rousselet worked at Fortis Investment Management and Atlas Capital Management.

Gougenheim is currently planning for the summer launch of his Glastnost Fund, seeking at least US$50 million in initial assets.

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