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Fund of hedge funds manager Tremont appoints Scott Metchick as CIO

07/08/2008Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityFund of hedge funds manager Tremont Capital Management has appointed Scott R Metchick as CIO. The former EIM CIO will replace Cynthia Nicoll, who left the firm for personal reasons.

Metchick previously was the CIO of Boston-based firm Twin Lights Capital. Prior to that, he worked at EACM, an affiliate of the consulting group Evaluation Associates, where he developed the analytical tools and due diligence best practices for their hedge fund programme.

The appointment follows a number of recent hires for the firm, with former head of global equities at Lighthouse Partners Andrew Kaneb joining the investment team, and Jim Purnell, formerly of the structured product group at Dresdner Bank, joining to lead Tremont's risk management group.

Rupert Allan, president and CEO, Tremont, said, 'Investment excellence is core to our strategy of establishing a scalable, institutional standard multi-manager fund of funds business. Scott's appointment represents the execution of the final phase of this strategy by capping a series of senior hires which, together with our existing expertise in the investment management group, completes the leadership team at Tremont.'

Tremont has offices in London, Toronto and Hong Kong.

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