Funds of Hedge Funds People Moves

Allen promoted to head of HAIL at HSBC


HSBC Private Bank has promoted Chris Allen, currently head of real estate at HSBC Alternative Investments Limited, to managing director, head of HAIL. As of 1 January 2010, Allen will report locally to Nigel Webber, chief investment officer of HSBC Global Private Banking, and functionally to Peter Rigg, global head of HSBC Alternative Investment Group.

Allen joined HAIL in 2007 to head up its real estate division. Prior to joining HSBC, he spent 10 years at Colliers International, ultimately as executive director within its investment division, before joining Ahli United Bank as head of real estate fund management.