Mayor Bloomberg’s Investment Adviser Joins NY Hedge Fund

iudW.MxtY64kNew York (HedgeCo.Net) – Ms. Ranji H. Nagaswami, a former Chief Investment Advisor to Mayor Bloomberg’s administration for the City of New York, has joined international hedge fund Corsair as a Senior Advisor. “Ranji brings a unique perspective to our business.” Nicholas B. Paumgarten, Chairman of Corsair Capital, said in a statement. “She knows the investment management industry as an investor and business leader as well as serving in a very senior capacity on the investor client side of the business through her work with Mayor Bloomberg.” “Corsair’s view is that the financial services industry is currently undergoing the most profound change in a generation. We believe that this transformation will create a number of investment opportunities that lend themselves to highly specialized and experienced firms like Corsair which can serve as a trusted and value-added partner to management teams and other stakeholders.” Paumgarten said. In 2010 Ms. Nagaswami became Chief Investment Advisor to Mayor Michael R. Bloomberg, Before that she was at Bridgewater Associates, a $130 billion macro hedge fund where she was recruited to focus on the firm’s strategic institutional client relationships globally. “Corsair is a differentiated private equity firm and focuses on finding thoughtful ways to create value within its portfolio companies.” Ms. Nagaswami commented. “I am excited to work with the team to develop attractive investments in the asset management industry and to collaborate with management teams to uncover opportunities presented by the evolving landscape.” Alex Akesson Editor for HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership in is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!

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