Beckwith's Pacific Investments Enters Absolute Return Business

Jan 11 2011 | 8:55am ET

Sir John Beckwith’s Pacific Investments is entering the absolute return business and has hired Rod Barker as partner and CEO of the new venture.

Barker comes to Pacific from International Standard Asset Management, where he was a partner with Stanley Fink.

Pacific will launch its absolute return fund management business at the beginning of Q2 2011 and will focus on strategies offering returns uncorrelated with traditional asset classes.
 
Pacific CEO Mark Johnson said: “Rod brings with him considerable experience, intellectual capital and a proven track record in the hedge fund industry. Having developed successful fund management businesses such as River & Mercantile Asset Management, Thames River Capital, Liontrust, Europa Capital, Pacific Real Estate Capital Partners and Alpha Real Capital, we at Pacific are excited about the opportunity to establish and grow a multi-asset class platform at this stage of the economic and market cycle.”

Joining as minority partners in the business are specialist financial services investors IPG and former FD of ICAP and COO of Ashmore and Jim Pettigrew.

Said Barker: “ISAM is at an exciting stage of its business development and it has been a difficult decision to leave. I have enormous respect for Stanley and the ISAM team and have no doubt that the business will grow and flourish under Stanley’s leadership. However the opportunity to be CEO of a new business with the backing, support and pedigree of Pacific Investments and the other partners is exciting and compelling and I look forward to the challenges ahead.”


In Depth

Firm Focus: Sustainable Insight Capital Bullish On ESG

Aug 12 2014 | 9:18am ET

Bruce Kahn spent over 15 years as a research scientist/consultant on environmental...

Lifestyle

Viking Manager In Rent Dispute

Aug 11 2014 | 4:14am ET

A hedge fund manager is demanding most of his money back from his former landlord...

Guest Contributor

Majority Of Inflows Go To Brand Name Hedge Funds

Aug 12 2014 | 9:00am ET

Since the market correction of 2008, a vast majority of hedge fund net asset flows...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note