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New York Times – Jean-Pierre Aguilar, a pioneer in hedge fund investing in Europe and chief executive and co-founder of Capital Fund Management, died in a gliding accident over the weekend, the company said in a letter to investors Sunday. He was 49.
The accident, which occurred late Saturday morning near the airport of Barcelonnette, a town in the French Alps about 12 miles, or 20 kilometers, from the Italian border, also killed Mr. Aguilar’s co-pilot, Michel Fache, 56, president of the local gliding club, according to the local newspaper La Provence.
Bloomberg – Two years ago, German investment adviser Dieter Kaiser had to board a plane bound for New York to speak with senior U.S. hedge-fund executives.
These days, those same managers visit Kaiser, the director of investment management for Feri Institutional Advisers GmbH, at his office in Bad Homburg, about 10 miles (16 kilometers) from Frankfurt.
“We’re seeing hedge-fund managers here, and they’re wearing ties now,” said Kaiser, 31, whose firm has allocated about $1 billion to private funds for its clients.
