Bertil Meijer, head of equity trading at Dutch buy-side firm APG Investments, has left the firm to join a large, unnamed hedge fund overseas, according to a spokesperson.
The equity trading desk is currently under its own management, although Eduard van Gelderen, chief information officer of the equity trading platform at APG Investments, is supervising activity. The firm is currently in the process of finding a replacement and has received a large number of CVs. APG manages the assets of the Dutch state pension fund and had €240 billion worth of assets under management at the end of 2009.
As well as APG, Meijer has also worked for ABN AMRO Asset Management in Amsterdam and F&C Management in London.
A spokesperson for APG Investments told theTRADEnews.com that the replacement of Meijer would take place as soon as possible, although the firm would clearly be diligent in the process. “Bertil will not be easy to replace, he worked here for seven years and will be missed on a personal as well as a professional level,” said the spokesperson.
Meijer will begin his new role on 1 November 2010.