FINANCIAL
TIMES
DB Zwirn hires Clinton aide
By STEPHEN SCHURR
March 15, 2006
DB Zwirn has hired Sandy Berger, US national security adviser under former president Bill Clinton, to run its international business as the Dollars 4bn hedge fund and merchant bank firm expands. As chairman of DB Zwirn Global Investments, Mr Berger will help build investing and banking relationships.
He will be in charge of building its international advisory board.
The move by DB Zwirn, which since its founding in 2001 has quickly grown to 15 offices around the globe, marks the latest instance of an alternative investment firm luring a prominent figure from the world of geopolitics to raise its profile and help open doors overseas.
Dan Quayle, former US vice-president, has been with Cerberus Capital since 2000, Colin Powell, former US secretary of state, is a strategic partner with Kleiner Perkins Caufield & Byers, and Carlyle Group's high-powered roster has included George Bush, former US president, and John Major, former British prime minister.
DB Zwirn is a player in the burgeoning multi-strategy hedge fund arena, firms that house a diverse array of hedge fund strategies under one roof. Stephen Schurr, London.
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