State Street's InfraHedge Gets North American President

Mar 19 2013 | 11:25am ET

State Street's managed-account platform has named an industry veteran to lead its North American effort.

InfraHedge said that Robert Picard would fill the new post of president of InfraHedge North America. Picard has helped build hedge fund platforms at the Carlyle Group, Rock Creek Group, Optima Fund Management and RBC Capital Management. Most recently, he was at Lyxor Asset Management.

"Robert has been closely involved with InfraHedge since 2012, initially as a senior advisor, and his input has been incredibly valuable,” new boss Akshaya Bhargava, InfraHedge's founder, said. “In the light of our current and projected growth over the next two years, we are very pleased to have someone of his calibre joining our business in North America. His expertise in managed accounts and visible enthusiasm for next generation solutions for the hedge fund industry will benefit both our clients and our firm.”


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability. Versum is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets.