New Star appointment

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New Star has hired Charles Tritton, head of alternative investments at HSBC Bank, to head up its he...

New Star has hired Charles Tritton, head of alternative investments at HSBC Bank, to head up its hedge fund business, which has about $700m in assets under management. Tritton, who joins New Star in July, will be responsible for building New Star's hedge fund business, which has already seen launches of three guaranteed hedge funds. At HSBC, Tritton played a key role in structuring the rising capital guarantees for these long/short equity funds. Tritton will develop and market a full range of new hedge fund products aimed at all types of investor, including UK high net worth inve...

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