Fortune Group Adds New MD

Apr 7 2008 | 12:36pm ET

Max Schmid has joined London-based Fortune Group as a managing director from City-Capital Corp., a London-based investment bank, where he served in the same capacity in its alternative assets subsidiary.

At 3C, Schmid was responsible for the distribution of alternative assets ranging from single hedge fund managers, fund of hedge funds and structured, private equity-style products to institutional clients.

“I am delighted to have been able to persuade someone of Max's calibre to join the firm at this exciting time for Fortune and the hedge fund industry in general,” Simon Hopkins, CEO and founder of Fortune, said. “This hire adds another senior level appointment to a team of industry veterans, that includes Jack Schwager, Nancy Curtin, Rick Tarvin and Frank Casey, all who have traded markets and have hands-on experience.”

Fortune Group is the trading name of Fortune Asset Management, a London-based alternative asset management firm managing a range of fund of funds, including Market Wizards Fund (all managed accounts program), Fortune Horizon (multi-strategy), Fortune Compass (equity strategies) and Fortune Explorer (emerging markets).


In Depth

Change In 'Accredited Investor' Definition Could Hurt Crowdfunding Space

Jul 25 2014 | 8:14am ET

The Securities and Exchange Commission is considering changes to its 30-year-old...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note