Mon, Oct 24, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Permal hires Woodbine’s Cordsen

Tuesday, April 03, 2012
Opalesque Industry Update: Permal Group has today announced that it has hired Richard Cordsen as Executive Vice President of Business Development and Investment Advisory. Mr Cordsen starts on 2 April 2012 and reports to Omar Kodmani, President of Permal Group.

Mr Cordsen was previously a founding member of Woodbine Capital Advisors, where he was the Director of Investor Relations. Before joining Woodbine in 2008, Mr Cordsen spent nine years at Permal, latterly as Regional Director (Americas), with responsibility for product distribution.

Mr Cordsen’s Permal role is new and includes developing and identifying product opportunities globally, supervising marketing efforts, and working closely with Isaac Souede, Permal Chairman and Chief Executive, and Professor Zhiwu Chen, a Consultant and Adviser to Permal, in developing its presence in Asia, particularly China.

Permal Group today manages approximately $20 billion, with offices in nine international financial centers, including New York, London, Dubai, Singapore, Hong Kong and Tokyo.

Omar Kodmani commented: “We are delighted to welcome Richard back to the Permal fold. He has huge experience in the alternatives field and is an ideal fit for this new role. His rejoining also coincides with a number of new and exciting initiatives we are working on around the world.”

Permal Group

Press Release


What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. M&A - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. David Einhorn speaks on passive investing, Mylan, his cheapest stock, the Fed[more]

    From Greenlight Capital hedge fund manager David Einhorn (Trades, Portfolio) joined nine other famed investors on Tuesday to talk about stocks at the annual Great Investors’ Best Ideas Investment Symposium in Dallas. Presenters at the annual conference typically pitch one or severa