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HSBC expands alternative investments division

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HSBC has appointed Phelim Bolger to its alternatives division, HSBC Alternative Investments, as head of UK sales reporting to Florence Picon.

Bolger joins from Union Bancaire Privée where he was an executive director and head of UK institutional business, and was responsible for the sales and marketing of UBP’s alternative and traditional funds to institutions, distributors and consultants.

Prior to joining UBP in 2004, Phelim was head of marketing for Key Asset Management, a fund of hedge funds provider. He also spent three years with JPMorgan Asset Management focusing on alternative asset management.
Picon says: “Phelim’s role will be to look after UK clients and to assist in the growth of this award winning business and to ensure the delivery of the best products and customised solutions to our clients.  This latest hire is clear evidence of our ability to attract the best talent to deliver alternative investment solutions across hedge funds, real estate and private equity to our clients.”

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