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Hedge fund Finisterre Capital appoints in-house general counsel

Monday, January 31, 2011
Opalesque Industry Update - With its business expanding rapidly, emerging markets debt specialist Finisterre Capital has appointed Ursula Newman as in-house General Counsel, to replace the firm’s external legal counsel.

Ursula joined Finisterre from Altima Partners LLP, where she worked as General Counsel. Prior to that she was employed at HSBC and Deutsche Bank where she worked on EM transactions. Ursula started her career at Macfarlanes, a leading corporate and commercial law firm.

Meanwhile, Frode Foss-Skiftesvik, a founding partner in Finisterre and the firm’s Chief Operating Officer, has relocated to the London head office. He was previously based in Finisterre’s US office in Connecticut and moved to London at the beginning of January.

“The appointment of our first in-house counsel is a consequence of our rapid growth in 2010. The firm now manages $1.4 billion in assets, and it became clear that we needed internal legal expertise. Ursula will add additional weight and capability to the team here in London,” said Paul Crean, Chief Investment Officer of Finisterre Capital.

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