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Opalesque Exclusive: Teneo Partners co-founder moves to Rheos Capital Works
Rheos recruited Richard Okuno on April 1, from Teneo Partners Limited, a third-party fund marketing company which he co-founded, to spearhead this new effort.
The Japanese Financial Services Agency registered Rheos as a discretionary investment management company in January 2008. A financial instruments marketing license, which enables the company to sell its funds directly to investors, was given the same month.
As of February 29, 2008 Rheos managed and advised on JPY 39 billion in Japanese equity investments for pension funds, multi-manager programs and high net worth individuals. In addition to domestic mutual funds, Rheos is the sub advisor to the Cayman domiciled Tengu Japan Long Short Fund and Bonsai Microcap Trust. Rheos was established in April, 2003 as an investment advisor. It is majority owned by its principal executives. Contact: okuno@rheos.jp.
Fortune announces further additions to London team
Max Schmid joins Fortune Group in London from City-Capital as Managing Director -investment advisory. Max is a 30 year veteran of international capital markets and brings extensive experience to the team.
Simon Hopkins, CEO and founder of Fortune said, "I am delighted to have been able to persuade someone of Max's calibre to join the firm at this exciting time for Fortune and the hedge fund industry in general. This hire adds another senior l...................... To view our full article Click here
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