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New Star appoints head of alternatives

New Star has announced the appointment of Donald Pepper as head of alternative investment.

Pepper joins from Merrill Lynch International in September 2008, and will head up the firm’s 10-strong hedge fund team, and will oversee the single and multi-manage hedge funds.

New Star chairman John Duffield says: “Donald is a welcome addition to the hedge fund team and demonstrates the importance we attach to the growth of this area of our business. I am in no doubt that his considerable experience will benefit the team and our investors.”


Steer hunter

We all make mistakes in fund selection. One of my worst was putting Tim Steer’s New Star UK Alpha fund on hold a few years ago.


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