Ivy Hires Dir. To Head New Asian Operations

Nov 14 2007 | 1:57pm ET

Ivy Asset Management, a hedge fund of funds and alternative investment management firm with over $15 billion in assets, has hired Alex Balfour as managing director, head of client development, Asia (ex-Japan). Balfour will be based in Hong Kong, where the firm expects to open its sixth office in the first half of 2008.

Balfour will report to Patrick Thomson, managing director, and will be responsible for both client development and managing the Hong Kong office.
“With over 40% of the firm’s assets outside of the U.S., we have seen our international business grow dramatically over recent years and now look to Asia as the next critical growth market for bringing the firm to the next level,” said Thompson.

Balfour joins Ivy from Union Bancaire Privée, where he was managing director, head of Asian institutional business. Prior to that, he founded Balfour Capital, an Asian hedge fund, which he ran for eight years. He also spent eight years at Baring Asset Management as a portfolio manager focused on the Japanese markets.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR