Hedge Fund PVE Capital Makes Two Senior Hires

Mar 14 2011 | 8:41am ET

London-based hedge fund firm PVE Capital has added two senior professionals to its ranks as it grows its institutional platform.

Stevan Simic joins the macro-credit hedge fund shop as risk manager. Previously, he was with Concordia Advisors in a similar capacity, and, before that, at Deutsche Bank in the risk controlling group where his responsibilities included market risk for the global credit derivatives desk.

Ronald Neumunz joins as head of sales and investor relations. Previously, he was with Alpstar Capital in a similar role, and he has held sales and management positions at London Diversified Fund Management and JPM Morgan, among others.

“The addition of these two talented and experienced individuals is an important step in building out a robust institutional platform for our fund. We are delighted they have joined PVE,” said Gennaro Pucci, chief investment officer and founding partner of PVE Capita.

PVE Capital employs a European macro-credit strategy. The fund launched in October 2009 with €50 million and has since tripled its assets under management.

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