Friday, 26 December 2014
Last updated 2 days ago
Jun 11 2007 | 9:43am ET
Hedge fund third-party marketing firm Agecroft Partners has hired James Hart as a director. Hart’s new responsibilities will include overseeing due diligence on potential hedge fund clients and introducing the firm's clients to large institutional investors located within the United States.
Hart spent the last six years as a senior research analyst and member of the investment committee at an unnamed fund of hedge funds firm, where he made asset allocation decisions and performed due diligence on managers across most hedge fund strategies.
Founder Donald Steinbrugge, the former head of institutional sales for Merrill Lynch Investment Managers, said the firm is looking to add another senior sales person within the next three months. Steinbrugge said since he opened for business in March he has been contacted by over 100 hedge funds and has narrowed the list down to 10 with hopes of signing one or two on board within the next six weeks.
“Of those 10 six are over $1 billion in asset under management and the majority of them are based in the United States,” he said. “We want to provide a menu of diversified strategies to the institutional marketplace so we definitely don’t want to have two of the same strategies.”
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.