HedgeMark Taps DB Vet Kestler As COO

Apr 23 2012 | 11:39am ET

HedgeMark Advisors has hired managed accounts veteran Joshua D. Kestler as chief operating officer.

Kestler comes to HedgeMark from Deutsche Bank, where he was director of the X-Markets Hedge Fund Platform and head of managed account platform operations in the United States. Prior to that, he served as global chief administrative officer for DB Advisors Hedge Fund Group. Earlier in his career he as an associate in the investment management group of the New York law firm Schulte Roth & Zabel.

In his new role at HedgeMark, Kestler will oversee operations and administration of the firm’s hedge fund managed accounts platform.

Said Kenneth S. Phillips, HedgeMark founder and CEO, in a statement: “Josh’s broad and deep operational experience with hedge fund managed accounts is of great value to HedgeMark as we significantly increase the number of funds on our platform. We are pleased to add him to our team.”

Founded in 2009, HedgeMark is an affiliate of Bank of New York Mellon with offices in New York, Los Angeles and Coimbatore, India.

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