20 Dec 2010
Finisterre Capital has announced the appointment of Xavier Corin-Mick as a partner in the firm.
Corin-Mick joined Finisterre Capital in September 2008 in the midst of the liquidity crisis as portfolio manager for the Sovereign Debt Fund. He played an important role in protecting the Fund’s capital throughout the credit crunch. The Sovereign Debt Fund now has over $300 million in assets under management and has returned 11.33% to the end of November.
Last year the Fund produced a return of over 50% bringing the last three years returns to an annualized 14.51%.
Xavier was previously Managing Director, co-head of EM trading at Morgan Stanley. He started his career as an options trader at Indosuez Bank and went on to work in trading at Fortis Bank, DEPFA Bank and Lehman Brothers.
Corin-Mick joined Finisterre Capital in September 2008 in the midst of the liquidity crisis as portfolio manager for the Sovereign Debt Fund. He played an important role in protecting the Fund’s capital throughout the credit crunch. The Sovereign Debt Fund now has over $300 million in assets under management and has returned 11.33% to the end of November.
Last year the Fund produced a return of over 50% bringing the last three years returns to an annualized 14.51%.
Xavier was previously Managing Director, co-head of EM trading at Morgan Stanley. He started his career as an options trader at Indosuez Bank and went on to work in trading at Fortis Bank, DEPFA Bank and Lehman Brothers.
“We are very pleased at the growth Finisterre has enjoyed over the past year. The appointment of Xavier will further strengthen the partnership and put Finisterre in a strong position going into 2011,” said Paul Crean, Chief Investment Officer of Finisterre Capital.
