Carmignac Adds Zadig Vet To Hedge Fund

Dec 14 2012 | 10:27am ET

Carmignac Gestion has hired a Zadig Asset Management partner to run its equity market-neutral hedge fund, whose current manager will go on maternity leave.

Vincent Steenman takes the helm at Carmignac Market Neutral. Maxime Carmignac, daughter of firm founder Edouard Carmignac, is going on maternity leave. When she returns, she'll take a management role at the French money manager and will not displace Steenman at the hedge fund.

Steenman has been at Zadig for more than five years, joining the firm from LVMH-Groupe Arnault Family Office. He also formerly worked at Morgan Stanley in London. At the LVMN family office, he worked with François-Joseph Furry, now a hedge fund manager at Carmignac.

For its part, Zadig founding partner Pierre Philippon told Financial News, "Our investment team and research capabilities essentially remain unchanged with Laurent Saglio and Vincent Bourgeois. We will hire a new analyst covering financials, to replace Vincent, and wish him good luck in his new venture."

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...