Hatteras Funds Names New CEO

Apr 28 2010 | 3:39pm ET

Alternative investment firm Hatteras Funds announced today that Brian Jacobs has been named chief executive officer.  

Founder and former CEO David Perkins will continue as chairman, working closely with Jacobs on overall corporate strategy and investment management. Jacobs will lead a senior executive team that includes Robert Worthington, president, Michael Fields, chief operating officer, and Lance Baker, chief financial officer.

"Brian is a proven leader with 26 years of broad industry experience who can take Hatteras to the next level," said Perkins. “He will advance our mission to bring institutional-quality alternative investments to financial professionals and their clients, while providing the education and support they need to invest with confidence.”

From 2000 to 2008, Jacobs was managing director at Allianz Global Investors, where he led sales and distribution of the PIMCO and Allianz mutual funds, as well as managed accounts and closed-end funds to the financial advisor community.

"I'm thrilled to join Hatteras and the executive team David has assembled. The Hatteras team has built an ideal model with a remarkable infrastructure to help financial advisors and their clients," said Jacobs.

Founded in 2003, North Carolina-based Hatteras Funds manages $1.8 billion across a broad range of alternative investment strategies. These include hedge funds and private investments in one fund managed through a joint venture with Morgan Creek Capital Management; a fund of hedge funds sub-advised by Ramius Alternative Solutions; a global private equity fund of funds sub-advised by Capvent; a venture capital co-investment fund managed by the Hatteras investment team; open-end mutual funds with multiple hedge fund managers and strategies managed by the Hatteras investment team.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of