Company name BlackRock Euro OppHF
Headline Resignation and Appointment of Directors


RNS Number : 7126G
BlackRock Euro Opps Hedge Fund Ltd
02 July 2012
 



                                        STOCK EXCHANGE ANNOUNCEMENT

 

For Immediate Release                                                                                             2 July 2012

 

BlackRock European Opportunities Hedge Fund Limited (the "Fund")

 

Re: Resignation and Appointment of Directors

 

 

The Board of Directors of the Fund (the "Board") would like to announce the resignation of Robin Rumboll, Jean-Claude Wolter and Paul Zuckerman as non-executive Directors of the Fund with effect from 28 June 2012.  The Board also wish to announce the appointment of William Roberts, Thomas Nummer and Paul Freeman as non-executive Directors (together, the "New Directors") with effect from the same date. 

 

Biographical information relating to each of the New Directors is set forth below:

Paul Freeman (British) joined BlackRock in August 2005 and is a Managing Director and a member of BlackRock's EMEA Regional Executive. He is involved with the management and operations of BlackRock's EMEA managed funds and works closely with the Government Affairs team, providing advice on the laws and regulations that have an impact on funds. Prior to moving to this role in July 2011, Mr Freeman was Head of Product Development and Range Management ('PDRM'), EMEA. The PDRM team is responsible for the development and ongoing product management of all funds domiciled in EMEA and distributed on a cross-border basis by BlackRock. Mr Freeman joined BlackRock in 2006 following the merger with Merrill Lynch Investment Managers which he joined in August 2005 as Head of Product Development, EMEA APR. He has worked in the investment funds industry for over 30 years and has held senior management positions at Schroders, Rothschild Asset Management, Henderson Investors and GT Management (now part of Invesco). He is a Chartered Accountant.

Thomas Nummer (German) acts as an independent director on Luxembourg funds and management companies as well as advising clients on product structuring, fund launches, compliance, risk and governance issues.

From 2003 to 2011, Mr Nummer was a director and Chief Risk Officer for Allianz Global Investors Luxembourg S.A., where he worked on a wide range of risk and fund compliance issues. In particular, he built up the UCITS compliant risk management system for the Allianz fund range. In 2010, Mr Nummer was appointed as Head of Outsourcing Risk for all management companies at Allianz Global Investors Europe. From 1998 to 2003, Mr Nummer worked for Adig Investment in Luxembourg as a passive fund manager. Prior to that he worked as an option trader (EUREX market maker) for AGON, Cologne.

Mr Nummer is co-chairman of the Association of the Luxembourg Fund Industry's ("ALFI") Risk Management Committee and also a member of the board of PRiM, the Luxembourg association for risk management professionals. He has spoken on conference panels, written articles and contributed to policy papers. He has assisted ALFI in its dealings with the Luxembourg Commission de Surveillance du Secteur Financier and the European Securities and Markets Authority in relation to policy formulation for both UCITS and alternative funds.

Mr Nummer holds a University degree (Dipl. Kaufmann) from the University of Trier, Germany including an academic year at Reading University, United Kingdom. Furthermore, Mr Nummer holds a post-graduate degree as Financial Analyst (CEFA) from the Society of Investment Professionals in Germany, DVFA.

William Roberts(Irish) was admitted as a lawyer in Scotland, Hong Kong, Bermuda and the Cayman Islands. From 1990 to 1999, he was Senior Assistant (1990-1994) and then Partner (1994-1999) with W.S. Walker & Company where he concentrated on collective investment vehicle formation and provided on-going vehicle advice with particular focus on hedge and private equity funds. From 1996 to 1999 he served as a director of the