Centaurus Cuts Star-Studded Advisory Board

Feb 11 2009 | 2:40am ET

Hedge funds are tightening their belts, and at Centaurus Capital that means letting go of several luminaries.

The London-based activist hedge fund shop has jettisoned its advisory board, which it created in flusher times, in the summer of 2007. That means former Spanish Prime Minister José Maria Azner and former British Chancellor of the Exchequer Kenneth Clarke are off the payroll.

Aznar led Spain from 1996 until 2004, when he was turfed out of office due to his support for the war in Iraq. Clarke headed the British Treasury for four years until the Conservative Party’s defeat in 1997. He is currently shadow business secretary.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note