Carmignac has appointed three new fund managers across its European equities and cross asset teams as well as naming a new head of fixed income credit.
Huseyin Yasar and Malte Heininger will co-manage three funds alongside Muhammed Yesilhark, all of whom joined the Paris-based group back in January 2014 in what at the time was the asset manager’s biggest manager overhaul of recent years.
The newly appointed fund managers joined Carmignac last year from the London-based group SAC Global Investors. Yasar, joined as an analyst while Heininger became co-manager on the €440 million Carmignac Euro-Entrepreneurs and Carmignac Portfolio Euro-Entrepreneurs.
Prior to working in the London office of the US hedge fund, which was closed last year, Yasar worked for Goldman Sachs in the M&A division and Heininger was an investment banker at Morgan Stanley.
New credit chief
After having expanded the fixed income team in 2013, the company has now appointed Pierre Verlé to head of credit, replacing Keith Ney who will now focus on the management of the €6.5 billion Carmignac Sécurité fund which he has managed for almost two years.
The cross asset team, led by Frédéric Leroux has also been reorganised. Julien Chéron, who joined the company in 2009 initially as a risk manager, had been appointed co-manager with Leroux on the Carmignac Investissement Latitude and the Carmignac Portfolio Investissement Latitude.