Thu, Feb 23, 2017
A A A
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

BM

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. People - Kuwait wealth fund head Al Saad said to step down after 14 years[more]

    From Bloomberg.com: Kuwait Investment Authority is set to name Farouk Bastaki as managing director, replacing Bader Al Saad who ran the world's fifth-largest sovereign wealth fund for 14 years, a person familiar with the matter said. The KIA, as the fund is known, is finalizing the appointment, said

  2. Manager Profile - Eddie Lampert: a painful entanglement with Sears[more]

    From Moneyweek.com: "In the long run we are all dead." Lex in the Financial Times reached for the famous quote from John Maynard Keynes in January when, after a long and unforgiving decline, the clock finally appeared to be running out on Sears, the iconic US department store group. Yet the group's

  3. Investing - Hedge funds quit Aberdeen shorts as shares begin to recover, Hedge funds' next big short: U.S. malls, O'Connor fund owns 9.5% of Protalix Biotherapeutics, U.S. hedge fund takes position in Macau hotel The 13[more]

    Hedge funds quit Aberdeen shorts as shares begin to recover From Investmentweek.co.uk: The last two hedge funds to short Aberdeen Asset Management have removed their positions, as the fund group's shares begin to show signs of recovery after a difficult few years. According to the Financ

  4. Latin America, high yields and Asia Pacific strategies dominate hedge fund returns in January[more]

    Komfie Manalo, Opalesque Asia: Latin America (+7.04%), high yield (5.63%), and Asia-Pacific (+5.06%) strategies dominated hedge fund performance in January, data provider Hennesee Fund Research said. The bottom three strategies for the mont

  5. Investing - Hedge funds loading up on this dividend stock, The biggest hedge funds have been piling into bank stocks[more]

    Hedge funds loading up on this dividend stock From Incomeinvestors.com: Hedge funds are backing up the truck on Cameco Corp stock. Billionaire Jim Simons owns 389,000 shares. Other Wall Street titans - including Ray Dalio, Ken Griffin, and Chuck Royce - have been quietly building positio