Zu Cowperthwaite joined Hermes Fund Managers in Boston as a portfolio manager on the firm’s global equities team, confirmed John Chisholm, an institutional portfolio manager with the firm.
Her post, responsible for stock selection in the global consumer sector, is new. She becomes the global equities team’s eighth member.
Ms. Cowperthwaite was co-portfolio manager of a Loomis Sayles global consumer long/short hedge fund.
Loomis spokeswoman Erin Heard confirmed the Loomis Sayles Consumer Long/Short hedge fund was liquidated as of April 30, and its two co-managers, Ms. Cowperthwaite and Ted Finch, had both left the firm.
Reached by telephone, Mr. Finch said he will launch a new firm, Big Rock Capital LLC, in September, to run a long/short opportunity fund and a long/short green fund.