Monday, 27 June 2016
Last updated 32 min ago
Jul 9 2012 | 7:08am ET
Alternative Investment Partners and Kingsmont Investment Management have taken over a hedge fund from a Hicks Muse Tate & Furst co-founder.
The two firms and their AIP-Kingsmont Fund I were awarded the mandate to become the general partner and portfolio manager of the fund. Paget Warner, Alex Kanayev and Jay Bala will run the fund.
AIP and Kingsmont replace Pearl and McKinney. Hicks Muse co-founder Charles Tate leads that firm.