Gavin Corr, the former BlackRock managing director of European equities, has been hired by Nevsky Capital.
Corr will be responsible for managing new high performance, institutional and absolute return-driven mutual funds.
The company, a subsidiary of Thames River Capital, said he would aid the group as it looks to continue to globalise its traditionally emerging markets focused flagship hedge fund.
Corr has more than 16 years experience in fund management and, from February 2005, was managing director of European equities at BlackRock, where he managed the European and European Focus Funds.
Corr left BlackRock a few weeks ago, forcing the group to reshuffle its investment team.
He was the second European manager to leave BlackRock in the space of six months after Niall Gallagher left at the end of last year to join T.Rowe Price.
Corr also held senior roles at Morley Fund Management and American Express Asset Management.
Martin Taylor, chairman of Nevsky Capital, said: “His hire is a central element of the globalisation of the Nevsky Fund, enabling us to maintain and enhance our outstanding track record.
“In conjunction with Gavin’s arrival, we are also completing the hiring of a team of 12 Western European analysts to complement the team of 20 we already have in emerging markets.
“We began this process in November 2006 and expect to have it completed by the end of this year.”
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