TORONTO, Nov. 22, 2012 /CNW/ - Kensington is pleased to announce that Eamonn McConnell and John H. Walker have joined Kensington Capital Partners Limited as Managing Directors. Mr. McConnell has lead responsibility for the Kensington Hedge Fund, while Mr. Walker leads Kensington's infrastructure business. Together with current Kensington Managing Directors Tom Kennedy and Rick Nathan, Messrs. McConnell and Walker serve on the Kensington Investment Committee responsible for all investment decisions of the Kensington Funds.
"We are excited to welcome two strong new partners to our Kensington leadership team," said Tom Kennedy, "Eamonn and John each provide complementary perspectives to our investment decision making process."
"As we continue to extend our business into new Alternative Asset classes, it's important to identify the right combinations of industry expertise, entrepreneurial leadership and direct investment experience," added
Rick Nathan, "we are confident that Eamonn and John will add significant value to our firm for the benefit of all of our investors."
Eamonn McConnell Managing Director Kensington Capital Partners Limited
Eamonn McConnell has built a 25-year career in the investment banking and global fund management business, working in Canada, the UK and Asia. He has worked for many large international institutions including Barclays Global Investors, Deutsche Bank and Merrill Lynch, as well as smaller entrepreneurial firms, with experience ranging from capital markets (debt and equity), the formation and launch of a mutual fund company managing several specialized funds, to the establishment of a private equity firm. Eamonn has been an active investor in all types of assets and the management of risk products. He is currently a director of Gryphus Capital, a Singapore based private equity firm which he co-founded in 2002. Eamonn recently completed a 4-year term as Deputy Chairman of the Alternative Investment Management Association (AIMA) Canada. His deep knowledge of the hedge fund market - including his focus on Canadian emerging managers - has been instrumental to the success of Kensington Hedge Fund 1.Kensington Hedge Fund 1 (KHF1) is a unique multi-strategy portfolio of Canada's leading emerging hedge fund managers. The KHF1 portfolio provides investors with access to a diversified collection of talented hedge fund managers in a single fund, positioned to create steady uncorrelated returns for investors. With a 12-month track record, and returns of 11.38% year-to-date net to investors, the Kensington Hedge Fund 1 performance is in line with expectations, including low volatility and very low correlation to public markets. Kensington Hedge Fund 1 is listed on FundSERV and is available to accredited investors and investment advisors, across Canada and internationally.