Harmonic Names Per Ivarsson Partner

May 22 2012 | 8:08am ET

London-based quantitative hedge fund manager Harmonic Capital Partners has named Per Ivarsson as partner.

Ivarsson, who joined Harmonic in 2007, will work with other investment partners to make key investment decisions and develop Harmonic’s alpha models.  Prior to joining Harmonic, he worked at Ocado where he developed optimization algorithms to increase the efficiency of customer deliveries across the U.K.

David Pendlebury, CEO of Harmonic Capital, said in a statement:

“We are delighted to appoint Per as a partner which reflects his considerable contribution to the growth and success of Harmonic. We now have a team of 12 dedicated to research, development and trading which further enhances our ability to meet the growing demand from institutional investors for macro strategies.”

Established in 2002, Harmonic now has a team of 19 and assets under management of $916 million.


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