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Schulman to retire at Tremont Group

June
26

Tremont Capital Management in Rye, an investment manager of a fund of hedge fund portfolios, said that Robert Schulman, chairman of the parent company Tremont Group Holdings Inc., is retiring effective July 7.
Schulman’s retirement follows a 2006 succession plan under which Rupert Allan, formerly managing director of Tremont’s London office, was named president and, later chief executive officer of Tremont Group Holdings. With Schulman’s retirement, Jim Mitchell will return to Tremont’s headquarters after four years in the London office. Mitchell will report to Allan.
Schulman joined Tremont in 1994 as president and chief executive. In 2001, Schulman helped arrange Tremont’s acquisition by OppenheimerFunds. Most recently, Schulman directed Tremont’s single manager products group, Rye Investment Management.

This entry was posted on Thursday, June 26th, 2008 at 12:19 pm by Jerry Gleeson.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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