Hedge Funds

FrontPoint affiliate Ivory hires Fox as managing partner


Ivory Capital Group, an affiliate of $5.7 billion FrontPoint Partners, has announced that it appointed Christopher Fox, a former Cramer Rosenthal McGlynn hedge fund manager, to the newly created title of managing partner, which he will share with founder Curtis Macnguyen.

Fox is a specialist in small-cap value names, a skill he is expected to put to work in the Ivory portfolio, which partnered with FrontPoint in 2003. Fox will work alongside Macnguyen helping with investment picks and research.

The hire is part of a broader effort at FrontPoint to develop a platform made up of specialized investment teams.