2/19/2009

London Firm Ramps Up Hedge Fund, Cleantech Teams

February 19, 2009 FinAlternatives

EEA Group, the London-based equity, environmental and alternative investment firm, has appointed former TT International partner John Hobson as CEO. EEA, which has over £1 billion (US$1.2 billion) in assets under management and advisement, created the new role to support management’s running of its global business.

Hobson will further expand the range of the group’s products by developing and managing the EEA hedge fund business. He was at TT for 10 years, where he was a European and then Japanese long-only fund manager before starting the TT Midcap European Long/Short hedge fund in 2004. He starts at EEA on March 1.

Last month, the firm hired Francisco Avendaño role as an investment adviser to its clean energy investment team in Latin America to take advantage of “exciting” opportunities in the region. In a 12-year career spanning the U.S., the European Union and Latin America, Avendaño has worked for governments, emissions trading specialists and energy companies.

In his new role with EEA, based in Lima, Peru, Avendaño will identify clean technology projects in Latin America for investment.

“We are focusing on strong and stable economies in Latin America, where we see exciting investment opportunities,” said Simon Shaw, chairman of EEA.

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