Thursday, January 7, 2010

Meet Maxime Carmignac, Whose Billionaire Dad Just Put Her In Charge Of A $100 Million Hedge Fund

By Courtney Comstock

Edouard Carmignac just put his daughter, Maxime Carmignac, in charge of a $100 million hedge fund.

And from the looks of it, Carmignac has been grooming his daughter for this day from the very beginning.


Since graduating business school ESSEC, 30-year old Ms. Carmignac has had a stunning seven different jobs.

First she had analyst stints at McKinsey & Co, Lazard, and Morgan Stanley. Then at 25, Ms. Carmignac began working as an international equity analyst at her dad's Carmignac Gestion, in 2005.

Then in 2006, she co-launched Carmignac Market Neutral, CG's only hedge fund (and the same fund she's now in charge of).

It seems like if she manages the hedge fund well, she's a shoo-in to take over her father's entire asset management empire, Carmignac Gestion. He's the founder and currently both CEO and CIO of the $48 billion firm.

Read more here.

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