NewSmith Flagship Manager To BlackRock

Aug 20 2013 | 9:32am ET

BlackRock has nabbed the co-manager of NewSmith Capital Partners' flagship hedge fund to run a British debt vehicle.

Mark Wharrier will become co-manager of the £577.4 million BlackRock UK Income Fund, which has hit on hard times. He will work alongside co-manager Adam Avigdori, who has run the fund on his own since Nick Mcleod-Clarke took long-term sick leave in April, Investment Adviser reports.

Wharrier has led NewSmith's UK Hedge Fund and UK Equity Fund with Steve Thompson.


In Depth

Q&A: George Schultze On His Fund's Unique Approach to Distressed Investing

Apr 16 2015 | 1:01am ET

George Schultze is a managing member of Schultze Asset Management, a long/short...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights

Apr 17 2015 | 9:23am ET

A recent court ruling in Minnesota has put an end to the Ponzi Scheme Presumption...

 

Editor's Note