People Moves

Distressed investing firm Fortelus appoints two senior fund of fund pros for key business management roles


Tim Babitch
Fortelus Capital, the $1 billion European distressed investing specialist led by ex-Silver Point man Tim Babich, has made two significant additions to its top management team with the recruitment of two experienced figures from the fund of hedge fund world.

Brian Robinson, the former group CEO at Financial Risk Management, joins Fortelus as chief executive officer – while Kostas Iordanidis, formerly a senior executive at fund of fund firms Olympia and Unigestion, has been appointed as head of business development.

Robinson brings more than 20 years of experience in the financial and hedge