Finisterre Capital appoints Kevin Bespolka to EMD fund
Kevin Bespolka has been appointed co-portfolio manager on the Finisterre EM Debt Fund, a sub-fund of the Irish domiciled Principle Global Investors Funds Ucits range.
Bespolka will co-run the fund with Christopher Watson, and under the continuing supervision and oversight of Paul Crean, CIO.
His focus will be on local markets, FX and rates, as a complement to Watson’s strong background in EM sovereign and corporate credit.
Crean said: “Kevin has a strong track record built over 30 years investing in the markets and we are delighted that he has joined us during this period of strong client demand for absolute return investing in the attractive asset class of emerging market debt.”
The EM Debt Fund launched with $55m of seed capital in October 2013, in response to client demand stemming from Solvency II requirements, and market demand for a regulated hedge fund product. It reached AUM of $365m as of 31 May 2014.