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: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

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

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of