Edmond de Rothschild Asset Management has hired Pierre-Olivier Masmejean to lead the group's hedge fund portfolio management, Citywire Selector can reveal.
This marks Masmejean’s second stint at the firm, having worked heavily in the development of the fund of hedge fund department from 2002 to 2005 as CIO and managing director in Paris.
In his new capacity, Masmejean replaces Roland Eberhard, who has left the group, and directly reports to Pierre Bonart, the group head of multi-management.
The new recruit first re-joined the group as a consultant over the summer and was officially hired into this new role in October 2017.
Prior to joining the Geneva-headquartered group, Masmejean was chief investment officer at Spanish family office, Omega Capital.
He also spent two years at Guggenheim Advisors as managing director of Europe, working on the investment committee after having left EdRAM.
A centralised approach
Earlier this year, Edmond de Rothschild took the decision to regroup its asset management activities and centralised its long-only and multi-management alternative businesses in Geneva.
Bonart now oversees both divisions, which encompasses CHF 12 billion (€10.2 billion) in assets under management and a total of 22 fund selectors and managers.
Under the new structure, Bonart is responsible for the management of funds of hedge funds, run by Masmejean, the fund research division, managed by Roger Guerra and the management of dedicated solutions under the responsibility of Alexandre Wieczorek.