Pyxis Hires Ivy's Ross As President

Jun 20 2012 | 11:21am ET

Mutual fund firm Pyxis Capital, which runs an alternatives strategy, has named a new president, former Ivy Funds executive J. Bradley Ross.

Ross succeeds Joe Dougherty, who resigned from the Dallas-based firm to spend more time with his family.

Ross joins from Ivy, where he was executive vice president and national sales director. Ross spent nine years at Ivy after stints at Voyafer Asset Management, Van Kampen, Bankers Trust and Alliance Capital Management.

"His most recent success at Ivy paints a perfect example of what he brings to the table for Pyxis," Pyxis Funds Chairman Scott Kavanaugh said of his work on Ivy's retail distribution effort. "Brad has added significant value to every organization he has been involved in."

"The alternative products space is still young and based on the firm's background, platform and team, Pyxis is well positioned to assume the leadership role in this arena," Ross added. "I was attracted to Pyxis because of this positioning plus their innovative thinking and commitment to offering a compelling set of alternative investment solutions."

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