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ALBERT BRIDGE HIRES FORMER BAML’S KENNY FOR MARKETING

Andrew Dickson’s Albert Bridge Capital, which started trading in London this year, has hired Mairead Kenny, Bank of America Merrill Lynch’s head of capital introductions, to lead fundraising.

Kenny has joined as director of marketing and investor relations, the money manager said in a June 7 statement. Kenny led the U.S bank’s unit helping European hedge funds raise money for more than four years.

Dickson, former money manager with Perella Weinberg Partners, started trading the AB Alpha Europe Long Only Fund in April.  The fund had support from a U.S. university endowment and raised $150 million.  It has a capacity of $750million, Dickson said in April.

Kenny “will bring enhanced strategic leadership to the non-investment side of Albert Bridge and make a significant contribution to the service and transparency we can provide to our investors and to the growth of our business”, Dickson said.  The fund previously hired Stuart Bohart, who has held senior positions at Fortress Investment Group and Morgan Stanley Investment Management, as a non-executive partner and member of the firm’s advisory board.

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Albert Bridge Capital manages concentrated long-only equity portfolios for institutional investors.The hallmark of its Alpha Europe strategy is the application of tenets of behavioural finance to a rigorous, fundamental, process-oriented research process.

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