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

Q&A: Executive Recruiter Talks Hedge Fund Closures, Hiring Trends

Dec 19 2014 | 6:58am ET

This year, hedge funds have been closing at a rate not seen since the financial...

Lifestyle

Cooper-Hohn Won't Contest Divorce Settlement

Dec 18 2014 | 9:51am ET

The ex-wife of hedge fund billionaire Christopher Hohn will not contest a divorce...

Guest Contributor

Alternative Investment Funds Face A Communications Imperative

Dec 19 2014 | 6:10am ET

A handful of the top alternative investment firms on both sides of the Atlantic...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.