Friday, 27 November 2015
Last updated 1 day 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.”
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…