Minard Out At Optima

Jun 24 2011 | 11:29am ET

Rachel Minard has left fund of hedge funds Optima Fund Management after just over a year as executive managing director.

Minard was hired in May 2010 to help expand the $3.5 billion firm’s global institutional relationships and to open an office in San Francisco. Her plans are unclear; Thomas Gimbel, executive managing director of product and business development, told Pensions & Investments that Optima “wishes her well.”

Minard joined Optima from Cogo Wolf Asset Management, where she was president and a partner. She is also the former director of global marketing for both Corbin Capital Partners and Cadogan Management.

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