Monday, 3 August 2015
Last updated 8 hours ago
May 18 2012 | 4:05am ET
The former head of the U.K. government's bank bailout fund has joined hedge fund Strategic Value Partners.
David Cooksey was named to the advisory board at the Greenwich, Conn.-based firm, founded in 2001 by Merrill Lynch veteran Victor Khosla, the Financial Times reports. SVP focuses on distressed debt strategies.
Cooksey was chairman of U.K. Financial Investments, which oversees the British government's stakes in bailed-out banks, from 2009 until his retirement in January.
SVP has some US$4 billion in assets under management.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…