Newly launched activist hedge fund hires Richard Kovacevich and Mary Schapiro

Hudson Executive Capital LP announced the addition of two Advisory Partners on June 3rd. Richard Kovacevich, former Chairman and CEO of Wells Fargo & Company, is joinng the Firm's CEO Partners and Mary Schapiro, former Chairman of the U.S. Securities and Exchange Commission, is joining as Senior Advisor for Governance and Regulatory Matters.

"We are pleased to add Dick Kovacevich and Mary Schapiro to our team and look forward to working with them and all of our Advisory Partners to generate investment opportunities and returns through Constructive Engagement(SM)," said Doug Braunstein, Founder and Managing Partner. Managers leave Convexity for new firm

Convexity Capital Management, the $10.5 billion hedge fund run by Jack Meyer, said four money managers are leaving the firm, according to Bloomberg.

Scott Carson, a senior money manager, will be joining a new investment firm, Boston-based RDC Capital Partners, with Sol Roth, who left Convexity in 2008. He will be joined by money managers John Downing and Frank Prisco. Jason Hotra will be moving to the fixed income group at Grantham, Mayo Van Otterloo& Co., also based in the city.Solomon Roth is a partner RDC as from this month, according to his LinkedIn page. BVI introduces new regulations to ease launch of Incubator Funds and Approved Funds

With a strong desire to attract start up hedge funds and their managers, the BVI Financial Services Commissi......................

To view our full article please login

This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.