Hedge Fund Industry Veteran Egilinsky Joins Direxion

Aug 18 2011 | 9:31am ET

Fund management firm  Direxion has appointed Edward Egilinsky to the position of managing director, head of alternative investments. As a member of Direxion's management team, Egilinsky is tasked with driving the firm's product development initiatives, internal and external messaging, training and support of product delivery.  

"Ed's past success in building out alternative investment products and platforms dovetail perfectly with Direxion's proven capabilities in alternative strategies," said Direxion President Dan O'Neill. "He will play an integral role in helping us develop and distribute products as part of our continued commitment to expanding ‘buy and hold’ alternative strategies for investors."

Egilinsky brings more than 19 of years business development experience in the alternative investment industry, including having held several senior sales management positions and raising multiple billions of dollars in assets for a number of investment firms. Most recently, he served as managing director for Price Asset Management, where he helped lead product distribution, sales and new product initiatives. Prior to that, Egilinsky served as managing director and head of alternative atrategies for Rydex Investments.

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