Caledonia (Private) Investments, an independent global long/short equity investment manager, has appointed David Scully, former partner and chief marketing officer of Coatue Management, as vice chairman, US.
In this new role, he will be based in New York and will serve as an advisor on business strategy, as well as oversee the creation of a business development and client service team to serve the firm’s institutional investors.
Michael Messara, senior portfolio manager, will become co-chief investment officer with Will Vicars, who has led the investment team for the past five years and spearheaded the firm’s long/short strategy since its inception.
Augie Sciulla, former head of business development and investor relations for Ardmore Global Investors, will join the firm as head of marketing, US.
“Today’s announcement represents an important step forward for our firm and reflects our deep commitment to building a meaningful presence in the United States and a world-class investment team,” says Vicars (pictured). “David brings nearly 30 years of financial services experience and deep industry relationships, as well as a proven track record of building hedge fund businesses. I’ve worked closely with Mike Messara for a decade and with this promotion recognise his strong performance and leadership. We welcome Augie to Caledonia and look forward to his contributions to the firm as we enhance our client service to better meet the increasing needs of our investors worldwide.”
“I am excited to join Caledonia at this important time in the firm’s evolution,” says Scully. “Caledonia has an outstanding long-term track record and a strong, committed investment team. I look forward to working closely with Will, Mike and Augie to grow a high-quality, institutional investment business in the US.”
