Saiers Rising, Becomes CIO Of Hedge Fund Alphabet

Mar 16 2011 | 11:36am ET

Alphabet Management has named Nelson Saiers chief investment officer just eight months after he joined the firm from Deutsche Bank.

During his stint as head portfolio manager at the New York-based volatility hedge fund, Alphabet's assets under management have more than doubled to $275 million. Under his leadership, the fund posted an impressive 26% return last year.

"He's made us a much stronger company," founder Jason Adler explained to Bloomberg News. "He's enhanced our quantitative modeling, which helps make us more profitable."

At Deutsche Bank, Saiers worked on the proprietary derivatives trading desk. The math Ph.D. previously worked at UBS and Susquehanna International Group.


In Depth

OmniQuest Capital: Why Funds of Hedge Funds Work

Aug 11 2016 | 4:47pm ET

There have been few sectors of the alternative investment universe under as much...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...