Blue Sky Alternative Investments Limited (ASX: BLA) has appointed Neil Power as managing director of its hedge fund division.
Power brings more than 20 years of experience working in the hedge fund industry. He most recently was a partner at Australian-based advisory and placement firm Allen Partners.
In 2007, Power joined Boronia Capital, one of Australia’s oldest and largest hedge funds, where he was instrumental in helping triple the fund’s Assets Under Management (AUM) to $3 billion.
Based in Blue Sky’s Sydney office, Power will work to grow Blue Sky’s hedge fund business in Australia and internationally.
Blue Sky Alternative Investments managing director Mark Sowerby thanked outgoing managing director David Hobart for his leadership of Blue Sky’s hedge fund division over the last five years.
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