Hedge fund specialist BluMont Capital Inc. has appointed Thomas Gerginis, Stephen Kangas and Brad Wilson as managing directors.

The company says the trio’s mandate will be to aid in the structuring and execution of alternative investment products to Canada’s major banks and investment dealers.

Gerginis has a distinguished career within the Canadian financial services industry holding senior management positions in the wealth management sector over the past 11 years. Prior to joining BluMont, Gerginis was a senior member of Merrill Lynch’s Private Wealth Services division and continued this role with CIBC Wood Gundy upon CIBC’s purchase of Merrill Lynch. Prior to that, Gerginis was a senior member of Canada Trust’s mutual fund subsidiary CT Fund Services Inc.

Kangas is widely regarded as one of Canada’s leading authorities on mutual funds and hedge funds. He has over 10 years experience in the investment industry having been an executive at Midland Walwyn, BMO Nesbitt Burns, and TD Canada Trust. Prior to joining BluMont, Kangas ran his own consulting firm offering his expertise to investment management firms and financial advisors.

Wilson brings a wealth of financial services experience to BluMont, having spent over 15 years at the Royal Bank of Canada. Prior to joining BluMont, Wilson was a senior investment advisor with RBC Dominion Securities specializing in fee-based accounts to affluent clients and institutions.

“We are very pleased to have Thomas, Stephen, and Brad on board”, said Toreigh Stuart, president and CEO of BluMont. “Their collective experience and knowledge will be a real asset to our firm as we develop and distribute next-generation alternative investment solutions to Canadian investors.”

BluMont Capital is one of Canada’s leading hedge fund companies, with over $460 million in assets under management as of Dec. 31, 2003.