Wednesday, 25 November 2015
Last updated 4 hours ago
May 15 2012 | 12:22pm ET
Jeremy Charles is leaving Thames River Capital, a year after the hedge fund was acquired by F&C Asset Management.
Charles will "pursue opportunities outside of" F&C, the firm said. His exit as operations director comes amidst "a group-wide re-engineering of our operations, administration and IT functions," spokeswoman Tracy Fennel said in the statement.
That cost-cutting effort is the brainchild of new F&C Executive Chairman Edward Bramson, head of activist investor Sherborne Investors. Bramson, a sharp critic of the Thames River acquisition, ousted former chairman Nick MacAndrew last year.
Charles will be replaced by Hugh Moir, head of client solutions and strategy at F&C. Moir will now oversee operations and information technology at Thames River.
Charles had spent six years at Thames River.
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…