Cheetah Investment Management, the alternative fund group led by value investing veterans V-Nee Yeh and Raymond Wong, has appointed Brian MacDougall as business development director to lead the firm’s internationalization. He will report to Wong and his appointment is effective immediately.
This new role has been created to drive overseas asset gathering and make Cheetah’s existing and future Asia centric funds available to a greater number of international institutions. The initial geographical focus will be the US and Europe. Cheetah has traditionally raised the majority of its funds from Asia. As of January 1 2014, Cheetah and its affiliates managed just under US$1 billion.
MacDougall was previously executive director of Swiss private bank Syz & Co following Syz’s acquisition of Oria Capital, a fund of hedge fund business he had co-founded in 2004, where he led the firm’s business development strategy, building the company brand and client base, raising funds and marketing products to investors. From 2001 to 2004, he held the same function at another fund of fund business where he managed all business development activities.