IndexIQ Strengthens Executive Ranks

Jan 11 2010 | 2:54pm ET

Index-based alternative investment solutions provider IndexIQ has named Peter Gorman as senior vice president and senior relationship manager.

At IndexIQ, Gorman will be responsible for driving key account relationships. He joins the company from Hatteras Funds, an alternative investment firm where he served as director and was responsible for overseeing strategic relationships with a broad range of clients including banks, wealth management firms, platform providers, consultants and registered investment advisors.

“Peter has built an outstanding record helping alternative asset managers attract new assets and manage client relationships,” said Adam Patti, chief executive officer at IndexIQ. “We view his decision to join us as a further endorsement of what we are doing at IndexIQ – providing innovative, transparent, low-cost, index-based alternative investment solutions to the marketplace.

Gorman brings more than 20 years of financial industry experience to IndexIQ, having begun his Wall Street career in 1986 at Donaldson Lufkin & Jenrette in New York.

He subsequently held senior sales and marketing positions at a number of leading asset management firms, including Simms Capital Management in Greenwich, Connecticut, and New York City-based Robeco Investment Management.

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