Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, October 15 2019 - 18:00
AsiaNet
GCW Global Customised Wealth Announces New Partner: Tim Babich
LONDON, Oct. 15, 2019 /PRNewswire-AsiaNet --

Global Wealth Management Firm Continues Expansion with New Partner

GCW Global Customised Wealth, [http://www.gcwpartners.com/ ] the global 
investment management firm, announced that Tim Babich has joined the firm as 
Partner. California-based Babich will serve as a member of the firm's 
Investment Committee, expanding the firm's reach into attractive private asset 
opportunities, and contributing to selection of investment opportunities 
generally. GCW, which now has personnel in London, California and New York, 
works with international clients and invests globally, offering individuals 
comprehensive wealth management services.

David Bizer, Managing Partner at GCW, commented, "We are excited to enhance our 
senior leadership team with Tim, who brings a tremendous track record of 
achievement as an investor."

In addition to his role at GCW, Mr. Babich continues to manage Nexxus Holdings, 
an investment firm primarily dedicated to managing his personal investments. 
Tim is also founder and director of the RUNX1 Research Program, a philanthropic 
grant-funding and advocacy foundation for patients with the RUNX1 Familial 
Platelet Disorder.

Tim was the founder and CEO of Fortelus Capital Management, a multi-billion 
London-based hedge fund focused on special situations and distressed debt. 
While Fortelus was managing third-party capital, it's returns consistently 
outperformed those of its peers, and Fortelus won the 2009 Eurohedge Fund of 
the Year Award. Tim also founded and served as Chairman of FCM Bank, a 
Malta-based online bank which was founded in 2012 and sold to a European 
payments platform in 2017.

Prior to founding Fortelus Capital Management, Tim was a partner at Silver 
Point Capital, a Greenwich, Connecticut-based hedge fund. As the fund's first 
employee, Tim helped grow Silver Point from initial capital below $100 million 
to a multi-billion business. He then relocated to London to create Silver 
Point's European investment business. Tim began his career at Goldman Sachs in 
the investment banking division.

"GCW has impressed me with its compelling value proposition and I am looking 
forward to sourcing opportunities that enhance the performance of its client 
portfolios," said Babich.

About GCW Global Customised Wealth

GCW Global Customised Wealth [http://www.gcwpartners.com/ ] provides 
sophisticated individuals and select institutions with comprehensive portfolio 
solutions, taking into consideration all assets and liabilities (including 
those not managed by GCW). We construct portfolios tailored to individual needs 
and preferences, rigorously optimise exposure to market risks and illiquidity, 
and approach investing with a strong after-tax mindset. GCW's clients seek 
investment opportunities that extend beyond their personal networks, that are 
transparent and do not suffer from conflicts of interest. GCW works with 
international clients, invests globally and is headquartered in London with 
teams in London, New York and California.

Source: GCW Global Customised Wealth
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