Hermes BPK Partners, the new third party funds of funds arm of Hermes, has appointed Glyn Jones as chairman and Mark Smith-Lyons as chief operating officer.
Hermes BPK Partners was formed as a partnership between Hermes and the management of Hermes BPK Partners. The BT Pension Scheme has provided an initial seed capital investment of $1.33 billion. During his career, Jones has pioneered the development of the fund of hedge funds area when he was chief executive officer of Coutts, Gartmore and latterly of Thames River Capital. The founding partners of Hermes