Lansdowne Names Investec Vet Snow CEO

Jun 27 2013 | 1:04pm ET

Lansdowne Partners has gone outside of the firm to find its new leader.

The US$12.4 billion hedge fund named Alex Snow its new CEO. Snow will succeed Lansdowne co-founder Paul Ruddock in September, the firm said today.

Snow is the former executive chairman of Investec's British investment-banking unit. Snow joined Investec in 2011, when it acquired the firm he co-founded, Evolution.

Lansdowne also said that head of operations Suzi Nutton would be promoted to chief operating officer.

"Alex has been known to members of the management committee for many years and has the combination of management experience, energy and drive which we believe is necessary to lead Lansdowne going forward," the committee said.

Ruddock announced his plans to retire from the 15-year-old firm in March. He is set to leave at the end of this month and plans to focus on philanthropy.

Ruddock handled the operational end of Lansdowne and was not involved in the management of its funds.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...