New York based fund of funds shop MayerCap has named Ron Panzier CEO. Panzier, a co-founder of the firm, will also remain chief risk officer and as a member of the investment and management committees.
Prior to co-founding MayerCap, Panzier served as director of finance of Lynch & Mayer’s hedge fund group, as well as chief operating officer and CFO at ReachCapital Management.
“Ron is a clear and obvious choice for this job,” said Eldon Mayer, chief investment officer and senior managing member of the firm. “In fact, his entire career on Wall Street can be viewed as grooming him for this position.”
MayerCap manages the MayerCap High Alpha Fund, the MayerCap Financing Fund and is the investment advisor for the Pierce Diversified Strategy Holding Fund on behalf of Comerica Bank and Munder Capital Management. The firm focuses on early stage and specialized hedge funds.