Leonard Charlton has joined the management team of Dalton Strategic Partnership.
Charlton is the fund manager for the UCITS-compliant Melchior Selected Trust European Absolute Return Fund and its offshore double leveraged version. The strategy has about $1 billion assets under management and both funds are hard closed to investors.
Other changes to the management structure include Magnus Spence, who co-founded DSP with Andrew Dalton in 2002, taking over as managing partner of the firm and leading the new management team.
A change of ownership has also been announced following the sad death of Andrew Dalton in April last year –