Wednesday, 28 January 2015
Last updated 9 min ago
Dec 18 2012 | 10:36am ET
Rhode Island's top pension money manager is returning to the hedge fund industry, from whence he came.
Kenneth Goodreau has been named chief investment officer at New York-based TIG Advisors. He starts his new job on Jan. 1, Reuters reports.
Goodreau has spent the past six years as CIO of the Rhode Island State Investment Commission. During his tenure, the $8 billion public pension fund leapt into hedge funds, no surprise, given that before he joined the commission Goodreau led hedge fund Knollwood Capital Management, which he founded.
TIG has about $2 billion in assets under management, a figure that is expected to grow as Goodreau adds strategies to its lineup.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…