The power of hedge fund activism should never be underestimated.

The board of the hedge fund industry group Managed Funds Association has unanimously re-elected Eric Vincent, president of Ospraie Management, to a second one-year term as chairman, while

New York-based alternative investment manager Millennium Management has recruited Michael Gelband, formerly global head of capital markets at Lehma

New York-based alternative asset manager Valens Capital Management, which invests primarily in publicly traded and private micro-cap companies, has opened an office in Tokyo to service its

Alternative investment placement firm C.P. Eaton Partners has appointed Franklyn D. Chang, who has already been working for the firm in Connecticut, Christopher J.

Lausanne-based alternative asset manager Gottex Fund Management has appointed Dr Dominique Kuettel as a managing director responsible for managing institutional business in Switzerland and

Resolution Asset Management has appointed Tim Sweeting to the newly-created position of head of alternatives, reporting to sales and marketing director Jonathan Polin and taking responsibi

Cambridge Place Investment Management has recruited Stephen White as chief investment officer for Europe from Morgan Stanley, where he was a managing director in the securitised products g

Angelyn Lim has joined the international law firm Dechert as a partner in the financial services group.

Chicago-based alternative asset manager Citadel Investment Group has announced three senior hires that the firm says will expand its capabilities in the fixed-income business in Europe.