Thu, Jul 28, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Activist hedge fund Breeden Capital poaches Joshua Fenton from Gabelli for Director position

Monday, April 05, 2010
Opalesque Industry Updates - Breeden Capital Management LLC announced Joshua W. Fenton has joined the firm as Senior Managing Director and Director of Research and Trading. Fenton will direct the U.S.- based research team, and serve on the investment committees of the firm’s U.S. and European funds. Fenton comes to Breeden Capital with more than 17 years experience in the investment industry, including nearly ten years with Gabelli Asset Management. Mr. Fenton received a BA in Economics from Yale in 1991, and an MBA from Columbia Business School in 1996.

Richard C. Breeden, Chairman and Chief Executive Officer of Breeden Capital Management, said, “We are excited to be able to add Josh Fenton to our team of investment professionals. Josh brings a superb background in equity investing, together with extensive practical experience and leadership skills. We believe he will add considerably to the talents of our existing investment team and enhance our ability to identify situations where active engagement with portfolio companies can generate significant investment returns. ”

Joshua Fenton said, “I am delighted to join Breeden Capital Management, an outstanding investment fund, and I’m very excited to be working with the very bright and committed team to find ways to generate solid returns for our investors.”

From 2008 through 2009, Mr. Fenton was Director of Global Equity Research at Clay Finlay LLC, where he was a member of the investment committee, oversaw the team of seven analysts and covered global energy, materials and industrials as an analyst himself. Prior to Clay Finlay, he was Director of Research and a co-Portfolio Manager at Gabelli Asset Management, Inc. He joined GAMCO in 2001 as an analyst, became Director of Buy Side Research in 2003 and added the job of co-manager of The Gabelli Global Gold & Natural Resources Trust at the fund’s inception in 2005.

Breeden Capital Management is based in Greenwich, CT. In 2006, the firm launched its “Breeden Partners” fund to invest in the equity securities of companies which the fund believes to be undervalued or underperforming. Through active engagement, the fund seeks to assist portfolio companies in improving performance on a sustainable basis and enhancing long term shareholder value. The firm’s affiliate, Breeden European Capital Management, launched a London-based fund in 2009, whose Director of Research is Ben Barnett, formerly of Fortress Investment Group. In the aggregate, the firms manage more than $1.5 billion in assets. Breeden Capital Management and Breeden European Capital Management were each founded by Richard C. Breeden, who served as Chairman of the U.S. Securities and Exchange Commission from 1989-1993. Mr. Breeden currently serves as non-executive Chairman of the Board of H&R Block, Inc., as well as a director of two additional portfolio companies. He has previously served as Corporate Monitor of WorldCom and MCI, Inc. from 2002-2005, and of the accounting firm KPMG LLP from 2005-2009.

Mr. Fenton replaces Robert Fields, who departed the firm last month.

kn

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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe