Toronto Hedge Fund Adds AIMA Chairman

Date: Thursday, January 15, 2009

Toronto-based hedge fund Diversified Global Asset Management has added a top Alternative Investment Management Association official to head its business development efforts.

Todd Groome, who at the beginning of this month took the reins as non-executive chairman of AIMA, will begin his new job at DGAM at the beginning of next month. In addition to business development, the newly-minted managing director will advise on macro investments and the global economic and policy environments.

Groome joins DGAM from the International Monetary Fund, where he served as an adviser in the monetary and capital markets department. Prior to that, he headed the financial institutions groups for both Deutsche Bank and Credit Suisse in London.

“I am delighted that Todd Groome will be joining the firm,” DGAM CEO George Main said. “Todd's deep experience, insights and stature in the global financial community will be invaluable assets as we take DGAM into our next growth phase.”