City Financial Nabs Four Ops Executives From Fortress

Dec 5 2016 | 7:25pm ET

Investment manager City Financial has nabbed a four-person operations team from Fortress Investment Group as the $4 billion company continues to expand. 

The four executives, Amy Wong, William Dumas, Justin Brodersen and Simon Taylor, joined the firm effective December 1, according to a statement. They will all report directly to Lou Thorne, City Financial’s global COO.

All four previously worked with Thorne at Fortress, where they were engaged in the company’s Liquid Markets business. Wong was co-director of operations and treasury, Dumas was co-director of operations, Brodersen was director of middle office, and Taylor was the company’s UK operations manager. Wong, Dumas and Brodersen will be located in New York, while Tayler will operate from the firm’s London office.

“As we continue to expand our business across three continents, the time is right to invest in senior operations hires with specialist hedge fund experience,” said Thorne, who joined City in early November.  “I had the pleasure of working with Amy, William, Justin and Simon at Fortress, and look forward to working with them again at City Financial as we continue to build the operational infrastructure that our clients require and expect.”

Based in London, City Financial is a global independent investment management firm with more than $4 billion in total group assets. Since 2006, the company has grown through a series of acquisitions and fund launches with a focus on alternative assets. The firm currently offers six differentiated alternative strategies, including long/short global equity, credit macro, commodities, volatility, long/short Japanese equity and Asian macro in addition to a long-only multi-asset fund range.

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