Sunday, 29 November 2015
Last updated 1 day ago
Nov 18 2005 | 8:51pm ET
JPMorgan Chase has appointed Doug Wurth to the newly-created position chief executive of its alternative investments group, which has around $15 billion in assets under management.
Wurth's appointment to the position follows a decision by the bank split the job of the current group head in two in order to expand its leadership. Up until now, Andy Craighead, chief investment officer of alternative investments, has been running the group single-handedly. Craighead, who will remain in his position as cio, helped found the division in 1981.
Wurth will relocate to New York from his current base in London, where he was head of investment solutions for Europe, the Middle East and Africa. In his new role, he will oversee the alternative investment group's product development, pipeline projects, portfolio management and marketing.
Wurth and Craighead will both report to Bob McLain, head of the investment solutions group.
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…