Third-Party Marketer Agecroft Adds Institutional Salesman

Jun 5 2008 | 2:00am ET

Third-party marketer Agecroft Partners has hired an institutional sales veteran to beef up its capital introduction capabilities in the U.S. and Canadian northeast.

Tim Driscoll joins the Richmond, Va.-based firm as a managing director. He is charged with assisting with due diligence on potential hedge fund clients, and introducing Agecroft’s hedge fund clients to large institutional investors in the northeast.

“Tim’s educational and professional experiences are very impressive,” Donald Steinbrugge, Agecroft’s founder, said. “Furthermore, his knowledge of the hedge fund industry, and security markets should give him a lot of credibility with large institutional investors.”

Driscoll spent time with Prudential, Bank of America and ABN Amro before joining Agecroft.

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