Caliburn Capital Partners, a fund of hedge funds manager with offices in London, Geneva and Montreal, has announced the appointment of Mona Pascual as an operational due diligence analyst.
Pascual, who has more than nine years of financial markets experience, joins from the risk management division of Credit Suisse Securities (Europe), where she was an assistant vice-president responsible for conducting credit reviews and due diligence on hedge funds. She was previously a credit analyst covering financial institutions, utilities and emerging markets.
The appointment comes at the same time as two other team changes at Caliburn Capital. Mitchee Chung moves from her position as senior operational analyst to become head of operational due diligence, while Graham Rodford, currently finance manager, takes on the role of deputy chief operating officer.
'Since the launch of the firm in 2005, we have taken advantage of our unusual position as a new firm with substantial financial backing to build a high-quality team and an investment structure that is best of breed,' says managing partner Jeremy Rowlands.
'We seek managers adding real value, which often means they are working in areas of great innovation. This can pose challenges in analysing business and legal structures. To meet those challenges we are continuing to develop our operational due diligence team.'
Launched in June last year, Caliburn Capital's flagship vehicle, the Caliburn Strategic Fund, has returned 19.14 per cent in the nine months to the end of September. This year has seen the launch of three new specialist funds, the Caliburn Greater China Fund, Caliburn Energy New Era and Caliburn Global Inefficiencies.
Caliburn Capital Partners was founded by managing partners Christopher Bouckley and Rowlands, founders of Bayard Partners and Carnegie International, former 3A chief executive Tony Morrongiello, Mike Ketley, former chief financial officer of Wadhwani Asset Management, Bayard Partners and Carnegie International, and Sam Berwick, a managing director at Mizuho International.
Caliburn has an institutional infrastructure and backing from Mizuho International, the London-based investment banking arm of Japan's Mizuho Financial Group.