GAM Ramps Up Asset-Backed Initiatives With New Hire

Apr 23 2007 | 10:24am ET

Globefin Asset Management, investment manager to the Cannonball Funds, has hired Andrew Hoffman as a managing director to head the firm’s newly formed Globefin U.S. Advisors, which is opening offices in New York.  Hoffman joins the Cannonball Funds from Asset Alliance in 2006 where he launched an asset-based FoHF. He will spearhead research on asset-backed strategies from New York.

“We are delighted to welcome Andrew to the team and recognize that seasoned talent capable of great value-added in the asset-backed strategies field is very rare,” said Federico Moccia, managing director of GAM. “Asset-backed strategies are a vital part of the Cannonball Group’s business and we are fortunate to add a rare pearl to our team.”

GAM offers three fund-of-hedge-fund portfolios with invested assets in excess of $560 million as of April 1.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note