Tuesday, 27 January 2015
Last updated 13 hours ago
Jul 30 2008 | 12:58pm ET
U.K.-based Clareville Capital said Angus Donaldson will join the firm in September to back up David Yarrow, founder, in portfolio and risk management, as well as taking responsibility for operations, compliance and financial control.
Donaldson was head of U.K. equity sales at Dresdner Kleinwort from 1998 to 2002, before leaving to establish Corin Capital—a U.K.-focused hedge fund, which reportedly closed in March.
“Markets are very challenging and it will be enormously beneficial to have his understanding and knowledge in the office,” said Yarrow.
Clareville also said its operating officer, Roy Hay, is leaving the firm because it is currently focusing solely on its Pegasus Fund. The firm reportedly shuttered its India fund last month after weak demand in a tough market, the Financial Times reports.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…