Centaurus Cuts Star-Studded Advisory Board

Feb 11 2009 | 3:40am 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

Q&A: Sancus Capital And The Disruption Of The CLO Market

Oct 5 2017 | 6:28pm ET

Traditional collateralized loan obligation (CLO) funds in the U.S. market can offer...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Finding Success as Alternatives Converge

Oct 9 2017 | 4:00pm ET

Rising interest among institutional investors over the past several years has led...

 

From the current issue of