Optima's Boardman Takes CIO Reins

Mar 2 2012 | 9:25am ET

Optima Fund Management founder Dixon Boardman is adding three letters to his business card.

The founder and managing member of the New York-based hedge fund has named himself chief investment officer. He succeeds Fabio Savoldelli, who has left the firm to pursue other interests.

"In this complex and ever-changing world of investments, I am delighted to lead our highly experienced and talented team which has developed outstanding solutions for our investors to successfully navigate the markets," Boardman said. "We see tremendous investment opportunities around the globe and I've never been more excited about our team and our ability to continue to grow and expand the firm."

The $3.5 billion firm also said that it had rehired Michael Spelman as head of global macro. Spelman held that post for more than three years before he left to join Oppenheimer Asset Management three years ago.

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