Citi Relative-Value Trader To Run Volatility Strat. For Mariner

Jun 13 2013 | 9:52am ET

Mariner Investment Group has added a hedge fund industry veteran to its two-month-old multi-strategy seeding vehicle.

Peter van Dooijeweert will launch a volatility strategy for the Mariner Incubation Fund, Mariner said. His will be the third strategy in the $500 million fund, which gives each manager an initial $50 million to $100 million, with plans to eventually launch stand-alone funds.

Van Dooijeweert was head of equity relative-value trading at Citigroup before leaving the bank last year. He formerly worked at Goldman Sachs, Soros Fund Management and his own Alopex Capital Management, which was seeded by Tudor Investment Corp. and closed in 2008.

Van Dooijeweert has hired an Alopex veteran, Steven Ahn, to serve as portfolio manager of the new Mariner strategy.

Mariner previously hired BlackRock's Eric Pellicciaro and Goldman veteran Richard Rumble to run portfolios for Incubation. The firm plans to add a "handful" of other managers and strategies before the end of the year, Mariner CEO Bracebridge Young told Bloomberg.


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