Publicly-listed alternative investments specialist, Blue Sky Alternative Investments Limited has gone for experience in appointing a new leader to its hedge fund division.
The company announced this week it had appointed industry veteran, Neil Power as managing director of its hedge fund division.
The company's announcement said brought more than 20 years of experience working in the hedge fund industry, most recently as a partner at Australian-based advisory and placement firm Allen Partners.
The announcement pointed to the fact that Power had joined Boronia Capital in 2007 and had been responsible for helping triple the fund's Assets Under Management (AUM) to $3 billion.
Power will be based in Sydney and has been tasked with growing Blue Sky's hedge fund business in Australia and internationally.
