Hathersage Hires New Portfolio Director

Apr 16 2007 | 11:57am ET

Hathersage Capital Management has hired Bill Strack as a director of portfolio management. Strack will be responsible for accessing and evaluating qualitative and quantitative market information and supporting the portfolio management team in both trade idea and trade strategy development.  He is based in Los Angeles and reports to Bill Lipschutz, head of portfolio management.

Strack and Lipschutz previously worked together on Salomon Brothers' foreign exchange desk, and later co-founded several start-up foreign exchange-only asset management companies from 1986 until 1995.

"It's great to be working closely with Bill again and I look forward to his unique insight and support in managing our client portfolios," said Lipschutz. "Bill's IT expertise is also invaluable as we continue to implement and integrate more advanced technologies into our investment process."

Hathersage is a discretionary currency manager that trades spot and forward currency contracts, and over-the-counter foreign currency option contracts in the interbank market.  The firm’s Daily Currency program is down 0.56% for the year and currently manages $55.6 million in assets. Its Long-Term Currency program has fared better returning 5.03% as of the end of March while managing $68.9 million in assets.  


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...