Alphabet To Be Renamed For CIO

Dec 10 2012 | 6:39am ET

Alphabet Management is rewarding its chief investment officer with a promotion—and a new name.

The New York-based hedge fund will rechristen itself Saiers Capital, after CIO Nelson Saiers, Bloomberg News reports. In addition, Saiers was named a full partner and co-managing member of the firm, effective in April.

"Together with Nelson's leadership, we have significantly expanded the asset classes we trade, our geographic coverage and have tripled our assets under management," firm founder Jason Adler, who heads Alphabet's non-investment efforts, wrote to clients.

The $565 million firm's hedge funds will not be renamed and will continue to carry the Alphabet name.

In Depth

PAAMCO: Will Inflation Deflate the Asset Bubble?

Jan 30 2018 | 9:49pm ET

As the U.S. shifts from monetary stimulus to fiscal stimulus, market pricing should...


CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Boost Hedge Fund Marketing ROI By Raising Your ROO

Feb 14 2018 | 9:57pm ET

Tasked with delivering returns on client capital, a common dilemma for many alternative...


FINalternatives Trending

From the current issue of