Pardus Adds UBS Prime Brokerage Vet As Risk Chief

Aug 9 2010 | 11:19am ET

Hedge Fund Pardus Capital Management has named Ali Mostafavee to bolster its risk-management efforts.

Mostafavee joins the firm from UBS’s prime brokerage, where he was a director. As head of portfolio risk, he will oversee New York-based Pardus’ risk exposure and hedging activities. He will also serve on the firm’s investment committee.

“We are pleased to welcome Ali to Pardus as we fill this important role and continue to add senior talent to the firm,” said Karim Samii, president of the firm. “As we evaluate investment opportunities throughout Europe, Ali’s expertise will be critical given the inherent volatility associated with sovereign debt concerns and the uncertainty of corporate and broader economic recovery.”

At UBS, Mostafavee focused on credit, distressed, emerging markets, equity long/short and merger arbitrage hedge funds. He is a former director of risk analysis at Tribeca Global Management, the former Citigroup hedge fund unit, and previously worked at Franklin Templeton Alternative Strategies.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR