Catalyst Capital Advisors has added a business development chief to boost its hedge-like mutual fund business.
George Amrhein joins from Beacon Advisors. He's charged with building Catalyst's distribution relationships, but also with building up its stable of mutual funds employing hedge fund-like strategies.
"Last year, Catalyst reorganized an event-arbitrage hedge fund with an outstanding 15 year performance history and converted it to the Catalyst Event Arbitrage mutual fund," CEO Jerry Szilagyi said. "George will play a lead role in bringing additional hedge fund strategies into the Catalyst mutual funds family."