International AM expands presence in Southern Europe

9 Feb 2010
International Asset Management Limited, one of the oldest fund of hedge funds managers, has announced the opening of a branch office in Spain to reinforce its commitment to expanding its client base and enhancing the service it offers to clients based in Iberia.

Marivi Lorente has been appointed General Manager for the office. She will be responsible for developing IAM's client base in Southern Europe and its relationships with clients across the region.

Mrs. Lorente has long-standing experience in the alternative and traditional asset management spaces. She previously worked at Santander Investments, N+1 Group as a partner of hedge funds asset management and at Alpha Value Management as a partner.

Morten Spenner, CEO at IAM, commented: "We are excited about expanding our presence in Southern Europe and in Spain, in particular. We have opened this Madrid office in response to the growing demand for tailor-made hedge fund portfolios in the region. We are delighted to have Marivi join us and look forward to building our relationships with local clients."

IAM also has offices in London, New York, and Stockholm.