Becker Leaves Germany's Lupus Alpha To Pursue New Goals

Apr 15 2011 | 1:19pm ET

Lupus alpha, a German asset manager with €7.1 billion under management as of December 2010, has lost the head of its hedge fund department, Ulf Becker.

Becker, who was also in charge of the firm’s “Talent Hotel” (a hedge fund seeing business), left to “pursue new personal as well as professional goals,” the firm’s managing partner, Ralf Lochmüller, told the Financial News.

The departure comes as the company is preparing to expand in the absolute return space, with plans to expand the team from 15 to 21 by end-2011. FN says Becker’s responsibilities will be taken on by Alexander Raviol, who had been the partner in charge of absolute return product development, quality and risk management.

FN says Lupus alpha plans to launch a new absolute return investment strategy intended to capitalize on market volatility. Lochmüller says they may be able to hire former proprietary traders.


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...