J O Hambro Investment Management has named one of its top hedge fund executives as its interim CEO.
Hugh Grootenhuis currently oversees marketing the London-based firm’s private client business and structuring new long-only vehicles and hedge funds. He was named head of all funds business two years ago.
Grootenhuis’ appointment follows the resignation of Andrew Steel, who had served as CEO since 2007. J O Hambro said Steel was stepping down for personal reasons.
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
Ireland has launched the EUR 26 million ($40 million) Bank of Ireland Seed and Early Stage Equity Fund to invest in startup and early stage companies. More...