GLG adds three to European long/short fund
GLG Partners, the US-listed asset manager, has appointed Javier Velasquez as head of European industrial investments and Carl Esprey and Tim Medland as co-heads of European basic resources investments within the GLG European Long/Short Fund.
All three are currently senior portfolio managers within the European Long/Short Fund and will continue to report directly to Pierre Lagrange (pictured)who has managed the fund since its inception. They have taken over these specific sector roles from Robert Donald who will be leaving GLG in the autumn.
Lagrange says: "Javier has an outstanding track record managing industrial investments successfully across various products of the firm. Since joining from BHP Billiton several years ago, Carl has had a great investment record at GLG, working closely with Tim Medland, the manager of GLG's successful global mining fund. Javier, Carl and Tim are fantastic contributors to the performance of the European Long/Short Fund and the quality of these three individuals is a testament to the deep pool of exceptional talent amongst the 100 investment professionals at GLG."
Velasquez, Esprey and Medland will continue to work with the other 25 investment professionals within the European Long/Short Fund, which under the direction of Lagrange manages approximately GBP1.0bn in assets across a range of sectors and countries.
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