Signaling its intent to expand the international portion of its $7.3 billion business, Tremont Capital Management has created a senior European investment management role that will be based in London.
The new executive position, to be filled by Jim Mitchell, who joined Tremont two years ago, will oversee research into and relationships with European hedge fund managers. Reporting to Tremont investment management chief Cynthia Nicoll as well European business head Rupert Allan, Mitchell will initially oversee a team of three. He is expected to add further employees in coming months.
Mitchell was most recently vice president of relationship