Thu, Mar 28, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

City Financial hires four from Fortress Investment Group

Monday, December 05, 2016
Opalesque Industry Update - City Financial, the independent investment management firm with over US$4 billion in group assets, announces the appointment of four new senior operations hires. Amy Wong, William Dumas, Justin Brodersen and Simon Taylor have joined the firm with effect from 1 December 2016. All four will report directly to Lou Thorne, Global Chief Operating Officer.

They all join from Fortress Investment Group (NYSE: FIG) where they previously worked with Lou in the Liquid Markets business. Amy Wong was Co-Director of Operations and Treasury, William Dumas was Co-Director of Operations, Justin Brodersen was Director of Middle Office, and Simon Taylor was UK Operations Manager. Amy, William and Justin will be based in New York, while Simon will be based in London.

Lou Thorne, Global Chief Operating Officer at City Financial, said: “As we continue to expand our business across three continents, the time is right to invest in senior operations hires with specialist hedge fund experience. I had the pleasure of working with Amy, William, Justin and Simon at Fortress, and look forward to working with them again at City Financial as we continue to build the operational infrastructure that our clients require and expect.”

Andrew Williams, Chief Executive at City Financial, commented: "Asset growth exceeded expectations this year, and we are in a strong position to invest in senior people and teams in order to best support future growth. It is a testament to the firm that Lou has been able to attract his former colleagues to City Financial, and I’m confident that their collective experience will prove invaluable as we build our business and launch new investment strategies.”

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1