Hedge Platform Provider Adds Citigroup Sales Vet

Jun 5 2007 | 9:08am ET

Portfolio management platform provider AlternativeSoft has added Bloomberg and Citigroup veteran Vic Kotecha to boost its sales in the British market, the firm said yesterday.

Kotecha was named head of sales for the U.K. market, which includes such hedge fund domiciles as Guernsey and Jersey. He will market the firm’s HFOptimizer platform, especially seeking to build its fund of hedge funds and institutional client base.

“With the increased access and continually growing use of alternative investments by investors, minimizing the downside volatility associated with hedge fund returns and building portfolios with hedge funds will continue to play a predominant role, in the markets,” Kotecha said. “Solutions that help to keep an eye on downside risk offer great opportunity.”

Kotecha most recently worked at Citigroup as e-commerce sales manager for Eastern Europe and the Middle East. Prior to that, he was at Bloomberg, covering major institutions in London.

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