Coherence Capital Adds Two Partners

Nov 13 2012 | 3:21pm ET

New York-based asset manager and advisory firm Coherence Capital Partners has made two key hires.

Philipp Levy joins the firm as a member, partner and head of business development, and Edgar Benavides joins the firm as a partner and head of operations.

Levy has over 25 years of experience working in the financial markets in New York, London and Zurich selling a variety of financial products, including hedge funds. He joins from Mudrick Capital Management where he was the head of marketing and investor relations.

Benavides joins from PricewaterhouseCoopers Capital Markets Advisory Practice. In his role as a project manager there he assisted clients in understanding the Dodd-Frank regulatory reform act and its impact upon the current and future state of their OTC derivatives business and process model.

Sal Naro, CEO and CIO of Coherence Capital, said: “I am delighted to be able to welcome Philipp and Edgar to these two key senior positions at Coherence Capital Partners. Their broad skills and deep experience in their respective fields will enable us to push the firm to a new, higher level by helping to establish new client relationships and enhance existing ones.”

Coherence Capital Partners focuses on fixed income opportunities in North America and Europe. The firm was launched in February of this year as a management buyout from Jefferson National’s core insurance unit. It currently has over $300 million in assets under management.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…