Friday, 21st November 2008

 

Thames River bolsters emerging markets team

Thames River Capital, the UK hedge and traditional fund manager owned by Sir John Beckwith, has appointed two senior executives to its global credit team as the firm seeks to capitalise on growth in emerging markets.

Donal McGettigan joins as an economist from Emso Partners, the emerging market-focused propriety investment team at Citi Alternative Investments, the alternatives arm of Citigroup.

He previously worked as a country economist on Tajikistan, Turkey, Kenya, the Philippines and Jordan at the International Monetary Fund.

Thames River has also appointed Felix Martin, a former country economist for Kosovo within the Europe and Central Asia department of the World Bank, as an investment analyst. The pair will report to team head Bernt Tallaksen.

The global credit team, established ten years ago as a traditional emerging markets team, now focuses on sovereign and corporate sub-investment grade debt.

Tallaksen said: “We have an excellent track record of attracting and retaining the best talent at all levels of the organisation - exceptional individuals who thrive within our entrepreneurial environment. Both Felix and Donal are people of this calibre."

A spokesman for the firm said: "Almost all of our analysts have worked at either the World Bank, the IMF or the European Central Bank, meaning they have a real thorough knowledge of the country in which they are working in, as well as fantastic training and great experience."

The appointments follow Thames River's expansion in to the Middle East with the opening of an office in Dubai in January this year. Nigel Sillitoe, formerly head of asset manager Mellon Global Investments' Dubai operation, heads up the office.

Thames River Capital was established in 1998 and together with its affiliates Nevsky Capital and Thames River Multi-Capital, manages over £6.4bn (€8.1bn), with 164 staff.

Tags: Thames River Capital , UK , World Bank

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