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Opalesque Exclusive: Svetlana Le Gall will not be joining Diamond Age Russia fund
Slava Rabinovich, CEO of Moscow based Diamond Age Capital Advisors Ltd, says Svetlana Le Gall will not be joining the firm. In an announcement on Nov. 27th, Diamond Age had said that Le Gall, "one of the few investment professionals with a significant experience in managing a diversity of assets both internationally and in Russia”, would be taking over the management of the Diamond Age Russia fund.
Slava Rabinovich added she will remain the Chairman of the Diamond Age Investment Policy Committee, and retain control and management of the portfolio, as has been the case since the launch of the Diamond Age Russia Fund. He will continue to be supported by the current team of 6 professionals, the majority of whom have been with Diamond Age since 2000 and 2001.
Merrill`s Thain asks O`Neal-fired Kronthal back as CDO fixer
From the NYPost.com: Merrill Lynch's new CEO John Thain is bringing back a senior executive who was axed by then-CEO O'Neal after warning that the firm's inventory of subprime bonds could implode. Jeff Kronthal, who oversaw Merrill's growth into a trading and underwriting powerhouse for collateralized debt obligations, is rejoining the financial giant as a consultant to fixed-income chief David Sobotka. The former principal finance chief's advice is being sought as Merrill ponders an additional $5 billion to $6 billion write-down in its $21 billion C...................... To view our full article Click here
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