GARTMORE EXPANDS UK EQUITY CAPABILITY WITH NEW
APPOINTMENT
Gartmore is pleased to announce the appointment of Luke Newman as
Portfolio Manager to its UK team. He joins on 29 June and will work
with Ben Wallace on the recently launched Gartmore UK Absolute
Return and award-winning AlphaGen Octanis Funds.
Luke's nine years of industry experience have encompassed fund
management roles managing UK equity long only and long/short funds
at Deutsche Asset Management, Foreign & Colonial and most
recently, Altima Partners LLP.
Commenting on the appointment, Dominic Rossi, Chief Investment
Officer at Gartmore, said: "In order to ensure the continued
success of our UK hedge and absolute return business, we recognised
the need to strengthen our UK equity resources. Luke is a highly
skilled long only and long/short manager and his experience is a
perfect fit with Ben Wallace's proven investment process. Luke's
appointment is yet another example of Gartmore's commitment to
develop our investment capabilities in order to meet both the
performance and service needs of our clients."
He concluded: "Luke completes a list of six recent investment
hires, all of whom will accelerate our organic growth."
- ENDS -
Kimberley Robinson Head of Media and Public Relations 020 7782
2439
Rebecca Grundy Communications Manager 020 7782 2339
Notes to Editors:
Gartmore
Gartmore is a leading long only and alternative asset management
firm that provides investment management products and services to
retail and institutional investors in the UK, Continental Europe,
the US, Japan and South America. As at 29 May 2009, Gartmore
managed £17.8bn in assets under management. Headquartered in
London, Gartmore also has offices in Boston, Frankfurt, Madrid and
Tokyo. The company is owned by Hellman & Friedman LLC, and
Gartmore's Senior Fund Managers and Executives.
Hellman & Friedman
Hellman & Friedman LLC (www.hf.com) is a leading private equity
investment firm with offices in San Francisco, New York and London.
The Firm focuses on investing in superior business franchises and
serving as a value-added partner to management in select industries
including financial services and asset management, media, software
and data services, business services, healthcare, internet and
digital media, and energy and industrials. Since its founding
in1984, the Firm has raised and, through its affiliated funds,
managed over $16 billion of committed capital and is currently
investing its sixth partnership, Hellman & Friedman Capital
Partners VI, L.P., with over $8 billion of committed capital.
Representative investments in financial services and asset
management include Gartmore Investment Management, LPL Holdings,
Artisan Partners, Brinson Partners, Franklin Templeton Investments,
Grosvenor Capital Management, Mondrian Investment Partners, and The
Nasdaq Stock Market.
Important Information
The AlphaGen Octanis Fund Limited is an unregulated offshore
investment fund and is only available for investment by eligible
investors.
This document was issued as at the date displayed in the band at
the top of this press release. Risk and performance can change over
time. Past performance is not a guide to future performance. The
value of investments may go down as well as up and investors may
not get back their original investment. Gartmore is unable to offer
personal financial advice. All opinions are correct as of the date
of this release and are subject to change without notice. Please
note that nothing in this document should be interpreted as
financial advice.
This material does not constitute or form part of any offer to
issue or sell, or any solicitation of any offer to subscribe or
purchase any interest/shares in The AlphaGen Octanis Fund in any
jurisdiction, nor shall it or the fact of its distribution form the
basis of, or be relied on in connection with, any related contract.
This material is intended only to provide a broad overview of The
AlphaGen Octanis Fund for discussion purposes.
This document is issued by Gartmore Investment Limited (GIL), which
is authorised and regulated by the Financial Services Authority.
Gartmore's registered address is Gartmore House, 8 Fenchurch Place,
London EC3M 4PB. Telephone calls may be recorded for monitoring and
training purposes. |