Martin Currie Investment Management has expanded its global hedge fund business with two senior hires.
Alastair Barrie joins in the newly-created role of global head of hedge fund sales and Clayton Cheek joins as US head of hedge fund sales. Both bring with them extensive business development experience and join existing sales director, Mike Gibb.
Barrie joins Martin Currie from RBS where he was director of institutional business. Prior to RBS, Barrie was director of global hedge fund sales and UK wholesale distribution at Henderson. He will be based in Martin Currie’s London office and report to Allan MacLeod, managing director of sales, marketing and client service.
Cheek joins Martin Currie’s office in New York. Previously he worked for Man Investments in New York where he was head of institutional sales for the US. Prior to Man, he was managing director, head of client development Americas for Ivy Asset Management. Cheek will report to Barrie and be responsible for hedge fund sales across America.
Commenting on these appointments, Allan MacLeod, managing director of sales, marketing and client service at Martin Currie said:
“These two significant senior appointments, together with Mike Gibb, director of European hedge fund sales who joined us in 2005, clearly demonstrate our long term view, commitment and confidence in the market particularly at a time when many client/provider relationships have been severely challenged,” said Allan MacLeod, managing director of sales, marketing and client service at Martin Currie. “Our hedge fund business is now over nine years old and has over US$1 billion under management across ten funds. It is a clear reflection on the quality of our business that we have been able to attract such high calibre professionals.”
Martin Currie is a specialist active equity manager. The firm is headquartered in Edinburgh and manages £10.7 billion (US$18 billion) for clients worldwide, with US$1.2 billion of that in absolute return funds.