The CEO of International Asset Management has left the London-based hedge fund firm.
The Wall Street Journal reported that Morten Spenner, who worked at IAM for 11 years, officially left last month but has been working on a consultancy basis for the company. IAM co-founder and director Alan Djanogly will act as interim CEO until the firm finds a permanent replacement.
It was not disclosed why Spenner left and what his future plans are.
Launched in 1989, IAM has $3 billion in assets under management. It has additional offices in New York, Stockholm and Madrid.