Blue Sky Names New Director Of Hedge Fund Biz

Feb 26 2015 | 1:57pm ET

Australian asset management firm Blue Sky Alternative Investments has appointed Neil Power as managing director of its hedge fund division.

Power brings more than 20 years of experience working in the hedge fund industry. He most recently was a partner at Australian-based advisory and placement firm Allen Partners.

In 2007, Power joined Boronia Capital, one of Australia’s oldest and largest hedge funds, where he was instrumental in helping triple the fund’s assets under management to $3 billion.

Based in Blue Sky’s Sydney office, Power will work to grow Blue Sky’s hedge fund business in Australia and internationally.

Blue Sky Alternative Investments managing director Mark Sowerby thanked outgoing managing director David Hobart for his leadership of Blue Sky’s hedge fund division over the last five years.

Blue Sky has offices in Brisbane, Sydney, Melbourne, Adelaide and New York, a team of more than 60 and a broad investor base including institutional, wholesale and retail clients. Alternative assets include direct investment in private equity, real estate, infrastructure, hedge funds and other real assets.

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