Wednesday, 26 October 2016
Last updated 7 hours ago
Jan 9 2012 | 10:48am ET
Pacific Alternative Asset Management Company, the Irvine, Cal.-based alternative investment management firm with $8 billion AUM, has tapped David Weinberger to succeed co-founder Bill Knight in his role as head of manager research.
Weinberger, who joins as managing director, head of portfolio management, comes to PAAMCo from O’Connor Partners, where he has been a general partner since 1992. Prior to that, he spent nine years with The O’Connor Partnerships (predecessor to O’Connor Partners) where he headed daily operations at the Chicago office. Weinberger’s 20-year career has included stints as a managing director at Swiss Bank and later as a senior advisor to Swiss Bank and its successor, UBS Investment Bank. Weinberger also served as a vice president at Goldman Sachs, specializing in proprietary arbitrage trading in equity options and index futures.
Weinberger will work with Knight for the next year, after which Knight will retire and Weinberger will take over.
“Given David’s quantitative, analytical and advisory background he is ideally suited to succeed Bill in overseeing PAAMCO’s portfolio management process,” said PAAMCO CEO Jane Buchan in a statement. “David will have the added benefit of collaborating with Bill over the next year, ensuring a seamless transition.”