Sunday, 1 February 2015
Last updated 1 day ago
Oct 6 2011 | 10:29am ET
After just a year on the job, Robert Picard is out as Lyxor Asset Management's point man on managed accounts.
Picard joined Lyxor last year, signing a one-year contract as U.S. head of managed account development. According to HFMWeek, Picard may have hoped for a promotion to CEO of Lyxor's U.S. business, although it is unclear why he chose to leave the firm.
Picard, who worked at Navigant Consulting, Optima Fund Management and the Carlyle Group before joining Lyxor, is staying busy, serving as a consultant for several hedge funds. He is expected to find a full-time job with another firm within a few months.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…