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Myners joins activist firm Cevian as head of UK operation

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Paul Myners, a well-known figure in business and government circles who has been involved with the hedge fund industry for many years, has joined Swedish-based activist fund manager Cevian Capital – Europe’s largest active ownership investor – as a partner and chairman of its UK operations.

Myners had a long career in fund management, leading UK asset manager Gartmore as chairman from 1987 to 2001 through a period that saw the firm emerge as one of the earliest and most successful institutional firms to establish a presence in the hedge fund business.

After stepping down as chairman of