Hearthstone Makes Hire For Upcoming Fund Launch

Eliane Chavagnon

2 May 2012

London’sHearthstone Investments has taken on Kevin Bull as a key account manager to assist the impending launch of its Property Authorised Investment Fund – the UK’s first residential property fund.

Specifically, Bull will take charge of commercial negotiations, such as with platforms, alongside Mark Forman, distribution director, the firm said in a statement.

The fund is due to launch in the second quarter of the year and will uncover residential property to investors via their ISAs and SIPPs, with a minimum investment of £1,000.

Most recently, Bull spent five years as head of strategic partners at Old Mutual Asset Managers, directing the distribution of all UK and offshore Old Mutual funds.

Earlier, he was head of third party distribution at Britannic Asset Managers, having spent the previous nine years in national account management at Prudential.

In other recent hires at Hearthstone, Darren Stent was appointed as business development manager last month, while Lucy Hawkins was added as assistant fund manager for the forthcoming residential property fund in March.