Ascalon Capital Managers has tapped Damien Hatfield and David Louie to add to its sales and distribution capability in Australia and Asia.

 

Ascalon will now have access to a broader contact base in Australia and Asia to take their existing stable of six partner managers and new funds to these investors.

 

Hatfield has consulted to a significant cross section of the Australian and global investor community, from hedge fund counterparts through to some of the largest institutions in North America and Europe over the last 25 years.

 

Before establishing his own consulting practice in 2007, Hatfield was managing director of Pengana Managers, an ASX listed incubator company. Prior to Pengana, he was head of hedge funds at Colonial First State where he presided over the launch and management of their Fund of Funds product.

 

Hatfield began his career in the alternatives space at ANZ McCaughan before joining Deutsche Bank Group where he spent eight years building new businesses in Sydney and Hong Kong. He was the founding chairman of the Alternative Investment Management Association, Australia chapter, and was the first recipient of the Australian Hedge Fund Industry Contribution Award in 2005.

 

Chuak Chan, CEO of Ascalon Capital Partners based in Hong Kong, said strong support from BT Financial Group was behind extending Ascalon’s reach and creating a diverse investment portfolio across multiple geographies and strategies.

 

Ascalon currently has a portfolio of six investment management firms, located in Sydney, Hong Kong and Singapore having recently completed the acquisition of a minority stake in global equity long / short manager, Morphic Asset Management. The group has a mandate to expand partnering with several more managers over the next few years.