Placement agent Northern Lights expands with hires

The London-based firm has brought in former Azentus Capital operations chief and ex-Probitas executive to develop placement capabilities.

London-based placement agent firm Northern Lights Alternative Advisors has made two new hires to boost its hedge fund and private equity advisory business in Europe.

Northern Lights, originally founded as Buick Capital in 2009, said it had hired Roger Denby-Jones and Vincent le Hodey to continue to grow is placement capabilities in both asset classes.

“We look forward to building on our successful business model with the proven quality that these two bring to the team,” Northern Lights founding partner Tim Morgan said.

Denby-Jones was formerly chief operating officer at hedge fund Azentus Capital Management in Hong Kong, CEO of Boyer Allan Investment Management in London, and spent 14 years at Goldman Sachs. Meanwhile, le Hodey joins from Probitas Partners where he spent six years, having previously worked for Deloitte Fund Placement and Hamilton Lane Advisors.

The new hires are part of ongoing expansion at Northern Lights, which was set up by the former co-head of capital introduction at Goldman Sachs, Timothy Morgan, along with Morgan Stanly fixed income capital markets executive Dominic Trusted. The firm received backing from US private equity firm Northern Lights Capital Group in 2014 and subsequently changed its name to Northern Lights Alternative Advisors.

Seattle and Denver-based Northern Lights has itself since merged with Australia’s Treasury Group and changed its name to Pacific Current Group. The combined group is listed on the Australian stock exchange and has a portfolio of 20 boutique asset management and advisory firms in Australia, India, Singapore, the UK and the US.