BlueCrest Vets Add BofA Sales Exec. To New Hedge Fund

May 8 2012 | 10:06am ET

Nascent hedge fund C8 Investments, founded by two former BlueCrest Capital Management principals, has hired a Bank of America Merrill Lynch executive to head its distribution effort.

Mike Ward will join the quantitative hedge fund shop after leaving BofA at the end of this month. He is charged with leading C8's sales and marketing, Financial News reports.

Former BlueCrest principals Mattias Eriksson and Patrick Finn founded C8 last year, alongside hedge fund veteran Justin Freeman and Swedish commercial real-estate executive Anton Varnäs. Eriksson and Finn worked for BlueCrest's flagship managed futures fund, BlueTrend.

C8 has yet to launch its maiden systematic multi-strategy fund, although it is expected to debut within the coming months.

At BofA, Ward is head of equity sales for Europe, the Middle East and Africa. He resigned this week.


In Depth

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...