Shore Capital Appoints Henderson's Stuart MacDonald As Director Of Alternative Investments

Stuart MacDonald has joined Shore Capital as Director of Alternative Investments. Previously, he was Director of Hedge Funds at Henderson Global Investors, where he was instrumental in the development and growth of the company's $2 billion single manager hedge fund

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Stuart MacDonald has joined Shore Capital as Director of Alternative Investments. Previously, he was Director of Hedge Funds at Henderson Global Investors, where he was instrumental in the development and growth of the company’s $2 billion single manager hedge fund business.

MacDonald’s brief at Shore Capital is to build the company’s diversified $1billion+ alternative asset management business, with a particular focus on hedge funds.

“What attracted me to Shore Capital was its reputation for innovation, plus excellent fund management performance across a wide range of types of funds, including property and development capital as well as hedge funds,” says MacDonald. “Shore Capital has a track record and an infrastructure which can be used to develop a much larger business.”

Prior to Henderson, MacDonald worked at West Merchant Bank and Buchanan Partners.

Shore Capital launched the multi-manager Puma Absolute Return Fund in May 2003 (up 31.5% in sterling terms since launch and 13.8% in the 12 months to 31st January 2006) and launched its first single manager fund Puma Theta in October 2005.

Howard Shore said “we have been good at developing innovative and successful funds and I am sure Stuart can help us exploit this.”

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