Santa Monica, CA (October 18, 2011) – Dalton Investments today said that it has named Belita Ong as chief executive officer of the firm. Ms. Ong, who joined Dalton in 2001, becomes the firm’s first full-time CEO. At the same time, Dalton announced the appointment of Michelle Lynd as general counsel and chief compliance officer. With assets under management of approximately $1.3 billion, Dalton is a global investment management firm focused on global equities, Asian equities and distressed investing.
“Our firm has grown to the point in size, diversity and maturity where we need the attention and focus of a full-time CEO who can provide both the day-to-day management and long-term vision necessary to best serve our clients,” said Dalton co-founder Steve Persky. Read More> >
Dalton Investments, LLC, an SEC-registered investment management firm serving institutional and private clients, has re-launched its distressed-debt strategy after a three-year hiatus. Steven D. Persky, founder, managing partner and chief executive officer of Dalton, and Swaraj Chowdhury, portfolio manager, will lead the distressed-debt team.
Dalton will initially focus on…