Sciens Capital Management Group has appointed Citi veteran Farhang Mehregani as chief investment officer of Sciens Alternative Investments.
Mehregani ran the Central & Eastern Europe, Middle East & Africa equities desk at Citi between 2008 and 2011. He also oversaw a $1 billion hedge fund seeding business at the bank and helped build out several European and Asian proprietary trading divisions. During his 15 years in the financial industry, Mehregani has worked in New York, London, Tokyo and Dubai.
In his new role, Mehregani will report to Stavros Siokos, chief executive of Sciens Alternative Investments, and will also be a member of the investment committee for the fund of funds business.
Said Siokos in a statement: "Farhang will focus on strategic initiatives that can leverage Sciens' strengths to offer institutional and high net worth investors a seamless entry point into the liquid alternative investments market."
The alternative investments arm of the business covers hedge funds, managed account services, investment services and advisory solutions.
The Sciens group manages approximately $4.8 billion and employs over 100 people globally with its principal offices in New York, London, Guernsey and Athens.