Portfolio Manager
April 09 2009 - 11:43AM
UK Regulatory
TIDMNSPE
NEW STAR PRIVATE EQUITY INVESTMENT TRUST PLC
Fund manager
Following the completion of the acquisition of New Star Asset Management Group
PLC, the ultimate parent company of the Company's Manager, by Henderson Group
plc ("Henderson Group") on 9 April 2009, New Star Private Equity Investment
Trust PLC (the "Company") is pleased to announce that Ian Barrass, the Head of
Fund of Funds at Henderson Private Equity, has been appointed the Company's
co-portfolio manager with immediate effect in place of Nick Brind.
Ian Barrass will manage the Company in conjunction with Paul Craig until the
announcement of the Company's annual results for the year ended 30 December
2008, which will be released on or before 30 April 2009, following which Paul
Craig will step down as the Company's co-fund manager and Ian Barrass will be
sole Portfolio Manager.
Further information
Company
John Mackie, Chairman 020 7225 6152
Henderson
James de Sausmarez, Director and Head of Investment Trusts 020 7818 3349
Ian Barrass, Head of Fund of Funds at Henderson Private 020 7818 2964
Equity
END
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