Observer: Horlick to be ousted from Bramdean? - Spear's Magazine

Observer: Horlick to be ousted from Bramdean?

Nicola Horlick, dubbed “supermum” for combining a high-flying City career with bringing up a large family, is expected to be axed as fund manager of listed hedge fund Bramdean Alternatives this week.

Nicola Horlick, dubbed “supermum” for combining a high-flying City career with bringing up a large family, is expected to be axed as fund manager of listed hedge fund Bramdean Alternatives this week.

Horlick is meeting the new board, led by Jonathan Carr, on Tuesday as Bramdean embarks on liquidating the fund following a boardroom coup engineered by 28% stakeholder Vincent Tchenguiz, brother of Robert, the property investor.

Tchenguiz has criticised Horlick’s role as fund manager and campaigned for new directors to be elected who will orchestrate a sale of assets. On Thursday, the old board was voted out and former chairman Brian Larcombe was replaced by Carr.

To read the full story, visit guardian.co.uk
 



 

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