Monday, 26 September 2016
Last updated 7 hours ago
Jan 31 2011 | 10:31am ET
Hedge fund managed accounts platform operator HedgeMark International has appointed Andrew S. Lapkin president and COO of its subsidiary, HedgeMark Institutional Consultants.
Lapkin, who will be responsible for selection, due diligence and monitoring of funds on the company’s platform co-founded Measurisk in 1999 and later served as president and COO of what became Bear Measurisk after the sale of the company to JP Morgan.
“Andrew has been a central figure in the development and implementation of the systems necessary to properly understand and monitor hedge fund risk and performance utilizing transparency-based holdings characteristics,” said Kenneth S. Phillips, HedgeMark founder and CEO. “He brings a tremendous depth of experience across a broad range of hedge fund strategies, risk management techniques, and securities analysis to our company.”
“Ken and his colleagues have built a cutting-edge platform that addresses the key issues of concern to hedge fund investors: transparency, liquidity, control, governance and risk management,” said Lapkin.
Prior to starting Measurisk, Lapkin was a vice president in risk management services at Bankers Trust Company. He began his career at Andersen Consulting.