Funds of Hedge Funds Mergers & Acquisitions / Joint Ventures

Bank of China scoops Bedrock team


BOC (Suisse) Fund Management, the institutional asset management arm of the Bank of China (Suisse), has hired Daniel Penseyres, Grégoire Haenni and Nicolas Salomon to set up and run the fund selection and alternative investments division at the bank.

The Geneva-based team previously founded and ran Bedrock Alternative Asset Management, the alternative asset management subsidiary of the Bedrock Group. Penseyres was managing partner and co-portfolio manager of two funds of hedge funds and a large book of Advisory Mandates for ultra high net worth investors at Bedrock.

Prior to founding Bedrock, Penseyres joined Darier Hentsch in 2001, and