Carmignac expands in alternatives

The French asset manager has hired a partner from a hedge fund boutique, as it continues to grow in Europe

French asset manager Carmignac Gestion has hired a partner from hedge fund boutique Zadig Asset Management as the fast-growing firm continues to expand across Europe.

Vincent Steenman, who spent more than five years at Zadig, is taking over the management of the international long/short equity fund Carmignac Market Neutral from Maxime Carmignac, daughter of Carmignac founder and chief executive Edouard Carmignac.

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