People Moves 18 May: Finisterre Capital, Hamilton Lane, Cofunds
Finisterre Capital has hired emerging markets specialists for its global and credit funds, private equity manager Hamilton Lane’s Asia and Europe head (pictured) is moving to Hong Kong, and Cofunds plans to develop its UK institutional business.
Finisterre Capital – Maxim Safonov and Rahul Sharma
Long/short emerging market total return specialist Finisterre Capital appointed portfolio managers Maxim Safonov and Rahul Sharma, for its Global Opportunity and Credit funds respectively.
Safonov moved to Finisterre on 3 May from FrontPoint Partners LLC. There, he traded rates, credit, FX, equities and commodities for another global fund specialising in emerging markets.
Before moving to London, Safonov was based in Moscow as head of local markets trading for Russia and the CIS at HSBC. He began his career with ING Bank there in 1996 and worked his way up to become financial markets head and deputy Chair of its Board.
Sharma, who began on 16 May, will initially concentrate on trading investment grade credits in his new role.
He was previously director of principal strategies on the global credit prop desk at Standard Chartered Bank in Singapore, and before that he was based in Dubai as the bank’s head of illiquid credit trading. He began his career in London in 2002 with Deutsche Bank.
Hamilton Lane – Juan Delgado-Moreira
Private equity asset manager Hamilton Lane announced its managing director for Asia and Europe is moving to Hong Kong this month, in an effort to concentrate on its business in the region.
From his new base, Juan Delgado-Moreira will continue to oversee operations in both Europe, which holds its central office in London, and Asia, where he will lead a team of 10.
The firm currently serves financial institutions, pension funds and high net worth individuals in the region.
The Hong Kong office is one of 10 globally.
Cofunds – James Edwards
UK independent investment platform provider Cofunds announced its latest senior level change with the appointment of Edward James as head of business development for its institutional business.
James will lead sales for the business, which offers specialist fund dealing, settlement and sub-custodian services to clients such as private wealth managers, financial institutions, web based share dealing providers, and life companies.
He joins the firm as it gears up to help clients with demands placed on them by the Retail Distribution Review (RDR), regulation affecting UK IFAs set to be implemented at the end of 2012.
His appointment follows the announcement in April that former Openwork CEO Martin Davis will take over from Charlie Eppinger as CEO of Cofunds this summer.