Greenwich, Conn.-based Tradex Global Advisors has tapped industry veteran Leonard Chaikind for its investment advisory board.
Chaikind was a hedge fund and private equity investment pioneer in the '80s, as the administrator of Shell Oil's savings and retirement programs. After retiring from Shell in 1991, he founded Institutional Investors Consulting Company.
In addition to advising Tradex in many areas, Chaikind will also be involved in the launch of a new product line which will include small, sector-focused, multi-manager funds targeting very specific investment opportunities; a single-strategy, short-biased high-yield credit fund; and Tradex’s traditional, multi-manager, Liquid 50 Portfolio that focuses on very liquid trading opportunities within equity, volatility and mortgage strategies.
“It is with great honor that Len has accepted this role with Tradex. We are very lucky to have someone with decades of investment experience under his belt,” said Michael Beattie, Tradex CIO, in a statement.