Fund of hedge funds shop Private Advisors has appointed Bruce Barrett and Peter Fink as managing directors. They will be focused on institutional business development and investor relations in the U.S. and Canada.
Prior to joining Private Advisors, Barrett served as a managing director of institutional business development at Highland Capital Management, a credit and distressed-oriented investment manager. He will be based in New York City. Fink is based in Toronto and most recently served as director of alternative investment business development for the U.S. at the Russell Investment Group.
“We are pleased that Bruce and Peter have joined Private Advisors to increase awareness of our private equity and hedge fund of fund capabilities within the institutional investor community,” said Lou Moelchert, managing partner. “Bruce’s and Peter’s experience enables Private Advisors to provide a more solution-oriented approach to meeting the alternative investment objectives of sophisticated institutional investors.”
Private Advisors was formed in 1997 and specializes in absolute return, long/short equity, distressed, and private equity strategies. The firm managed over $3.5 billion in assets as of Nov. 1.
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
According to a survey of 300 executives by Ernst & Young, the world’s biggest companies are poised to increase spending cleantech solutions. More...