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Opalesque Exclusive: Aureum Capital appoints Asier Parra as managing director
Aureum Capital has appointed Asier Parra as Managing Director. Parra, 32, was most recently Managing Director of Europe Middle East & Africa (EMEA) Equity Structuring of Merrill’s Global Markets & Investment Banking Division.
Parra joined Merrill Lynch from Barclays Capital where he was responsible for the Structuring Capital Markets operations in Spain & Portugal. He holds three different University degrees in Law, Business Administration and International Finance. Also, he has completed executive education degrees in both Harvard and Wharton Business School.
Aureum Capital’s new distressed fund targeted in $500m is expected to close by the end of 1Q2009.
Aureum Capital is an independent global asset management and private equity firm specialized in companies that have strong, established market positions and the potential to expand.
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Co-founder Patrick Degorce departs TCI
From Bloomberg.com: Patrick Degorce, co-founder of The Children’s Investment Fund Management, resigned after the activist hedge fund suffered its biggest annual loss. Degorce, who turned 40 this week, left the $15 billion fund on Jan. 1, according to a U.K. regulatory filing that didn’t give a reason for his departure. Degorce and co-founder Christopher Coo...................... To view our full article Click here
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