Talisman Global Asset Management, the London-based private investment company, has appointed David Zobel to the role of Chief Executive Officer.
David was previously Head of Hedge Fund Strategies at BlueBay Asset Management where he was a partner and helped build the firm into a $40bn asset manager prior to its sale to Royal Bank of Canada. Beforehand he was a Managing Director at Deutsche Asset Management, responsible for a team managing over $2bn in alternative investments on behalf of institutions and private clients.
David will work alongside Julian Sinclair, CIO, in the sourcing of strategic business and investment transactions for Talisman and in managing the business.
David and Julian have previously worked together at various points over the past decade.
Executive Chairman, Mark Pears said: “David’s appointment marks a turning point in the development of Talisman as a business and reflects our belief in the strength of the investment platform. We are in an exceptional position of being able to make long term and patient capital investments and David’s arrival provides the leadership and vision to position us to do this.”
Chief Investment Officer, Julian Sinclair added: “It is great to add a strong leader and like minded investor to compliment our first class team and track record and I am delighted to be working with David again.”
Talisman has a long-term, absolute return, cross-asset approach to investing and currently manages £1.8bn on behalf of its core clients. It has generated a compound annual return of 9% since 2001.