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

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note