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Hedgebay, a secondary hedge fund market provider, has appointed Lindsey Clavel as directeur, a role which will see her lead the firm’s UK marketing drive.

Prior to joining Hedgebay in 2005, Clavel spent ten years running the metals trading desk of an Italian industrialist’s family office.

Following her graduation from the London School of Economics, Clavel joined the Foreign and Commonwealth Office and served for a number of years in the Middle East.
In addition to overseeing and expanding Hedgebay’s user base in the UK, Clavel will continue to manage her existing portfolio of clients around Europe. She will work closely with Hedgebay’s business development operations in Mena, Australasia and Northern Europe.
Elias Tueta, co-founder of Hedgebay, says: “We are delighted that Lindsey will be taking charge of growing our business in the UK, which is a key part of our global marketing operations. The hedge fund secondary market industry has grown rapidly of late, and we have seen a significant rise in the number of entrants to the market, particularly in the UK. In order to maintain our position as the market’s leading provider, it is crucial that we continue to develop our client base and maintain our momentum. Having worked with Lindsey for many years, I can safely say that she is the ideal person to enable us to do that.”
Clavel adds: “The role I’m taking on is very exciting, particularly coming at the time it does. We have seen appetite for the secondary market from all participants in the investment industry, most notably pension funds, and with the secondary market now an established part of the financial mainstream, this is a great opportunity for Hedgebay to grow even further. I look forward to helping Hedgebay take advantage of this chance.”

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