North Asset Management, the London-based alternative investment management firm, today said Gerard Gardner is joining the firm as a partner. Gardner most recently worked at Goldman Sachs International in London, where his role was to develop the firm’s foreign-exchange franchise, focusing on hedge funds and leveraged accounts.
Prior to Goldman, he was at Morgan Stanley International as a currency strategist, specializing in multi-asset class and cross-economy analysis for the FX sales group.
“Gerard’s role at North will be multifaceted, focusing on strategy as well as liaising with policy makers,” George Papamarkakis, chief investment officer, said. “Given a career devoted to the fundamental macro market and his extensive industry contacts, he will add value to North in both the investment management process as well as with external relationships.”
North Asset Management was founded in July 2002 and currently manages approximately US$1 billion in hedge funds, illiquid product funds and collateralized debt obligations. The Firm’s flagship fund is the MaxQ Fund, a macro hedge fund, was up 15.36%, net of fees, for 2007. In January the fund was up approximately 10%.