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

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    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…