Russian P.E. Shop Adds Moore Capital Vet

Jun 22 2009 | 1:41am ET

UFG Asset Management has named hedge fund veteran Robert Sasson as co-head of its private equity business.

Sasson will serve as senior managing partner of Russia’s UFG Private Equity, alongside UFGAM Chairman Charles Ryan. He joins UFG from Moore Capital Management, where he focused on private equity transactions in Russia and Ukraine. Sasson has also served as head of the European Bank of Reconstruction and Development’s St. Petersburg, Russia, office.

“We are excited that Robert Sasson will co-head the UFG Private Equity team. He brings to UFG Asset Management over 19 years of invaluable Russia and finance experience and an impressive track record, including 15 years working on private equity transactions.” said Ryan. “At the time, when Russia offers highly attractive private equity investment opportunities to seasoned investors, the credibility and hands-on expertise that Robert adds to UFG will enhance our ability to generate proprietary deal flow and maximize returns to our investors.”

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