Friday, 1 August 2014
Last updated 1 hour ago
Nov 30 2011 | 3:53pm ET
Southport, Conn.-based Alternative Investment Group, an alternative investment manager with $1.5 billion AUM, has hired former Cadogan employees Joel Gantcher and Samuel Sussman for its investment team.
Gantcher joins as managing director, head of manager research and Sussman as managing director, head of investment strategy. The appointments take effect as of January 5, 2012 and both men will join the firm’s investment committee.
Gantcher, who joined Cadogan in 2005, was a partner and member of the firm’s investment committee responsible for sourcing and monitoring long/short equity, global macro and CTA managers, as well as portfolio construction. Prior to Cadogan, he was strategy head of Safra Asset Management’s (formerly Alpha Investment Management) equity hedge and global macro investments, where he was a member of the firm’s investment and allocation committees and was responsible for long/short equity, global macro and CTA investments.
Sussman, also a partner at Cadogan, joined that firm in 2008 and was responsible for sourcing and monitoring credit and event-driven managers, including distressed, long/short credit, mortgage, and event-driven equity managers, and portfolio construction. Prior to Cadogan, he was a senior managing director at Bear Stearns where he spent nearly 13 years in the firm’s securitized products area.
In their new roles, Gantcher will spearhead the firm’s manager research, sourcing and due diligence efforts to identify, evaluate, and include optimal managers in its portfolios while Sussman will direct the firm’s top-down research, identifying investment opportunities across strategies, industry sectors, and geographies. He will also assume primary responsibility for sourcing and monitoring the firm’s event-driven and credit managers.
“Joel and Sam will significantly strengthen our investment team by enhancing our ability to source and research new managers, as well as make better strategic decisions for our investors,” said David Storrs, president and chief executive officer of Alternative Investment Group. “These appointments support our mission to identify the best hedge fund managers and construct actively managed, diversified investment portfolios that reward our investors with strong risk-adjusted returns.”