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Dr. Franceso Mainolfi said to have left his post as CIO and co-CEO of Hamilton Lane` s Richcourt Group Industry sources told Opalesque, Dr. Franceso Mainolfi has left his post as CIO and co-CEO of Hamilton Lane' s Richcourt Group and is in the process of launching a new venture with a new team.  No word on what Hamilton Lane will do with their hedge fund foray as a result of Francesco's departure. Mainolfi previously headed up the World Bank's hedge fund program, he joined Richcourt in April 2005.

The Richcourt Group has nearly 20 hedge fund professionals with offices in New York, Paris and Monaco, according to its website. Hamilton Lane acquired a controlling stake in The Richcourt Group in November 2004.

Update: Nigel Webber to lead HSBC hedge fund-of-funds unit From PIOnline.com: Nigel Webber was appointed CEO of HSBC Alternative Investments, the investment bank’s hedge fund-of-funds division, which has about $5.9 billion in assets under management. Mr. Webber will also retain his current role as CIO of HSBC Private Bank. Full article: Source

Donald Sussis joins Structured Portfolio Management fur business development, firm sees ` numerous market opportunities in the mortgage-backed and structured credit markets` Structured Portfolio Management (SPM) today announced that it has appointed Donald Sussis to the positions of S......................

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