Scottsdale, Arizona-based asset manager Palo Verde Capital has added industry vet Partick Bartle to its Global Liquid Alpha team.
Bartle comes to the $200 million money manager from RBS London where he served as head of trading and risk management for emerging markets. Prior to RBS, Bartle had held senior posts in trading and risk management at Credit Suisse First Boston and ABN AMRO. He began his career with Bank of America in Madrid, trading and managing portfolio risk in European government bond and interest rate derivatives.
“Our investors demand consistent performance as well as transparent controls and processes that support our business. Having Patrick join the firm allows us to strengthen our ability to continue to deliver all of these,” said Tony Stacy, Palo Verde founder and managing partner, in a statement.
Global Liquid Alpha strategy is the firm’s highly liquid, ultra-short term directional trading strategy focusing on absolute returns and low volatility. Bartle will also chair the firm’s risk oversight committee and oversee the implementation of institutional processes and controls.