US - Van Hedge Fund Advisors International has appointed Thomas B. Whelan as president and chief executive officer.
Commenting on the appointment, George Van, who will continue as chairman of group, said: We are very pleased that we have attracted an executive of Tom's calibre to manage the Van companies.
“Van, as a pioneer in the hedge fund business, is poised to take advantage of many global opportunities as the demand for hedge funds continues to grow.
Whelan joined Morgan Stanley in 1985 to build their global derivatives unit. He was then given responsibility for both north american derivatives and north american equity. By 1996, he was a member of Morgan Stanley's management committee, co-chairman of the finance committee and head of firm-wide risk management.
He then joined NatWest as CEO of their global equity division, to manage this division's global expansion, before the operations were sold to Deutsche Bank.
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