Elena Ranguelova has joined Investcorp's U.S.-based hedge fund business as head of credit and equity strategies.
Ranguelova joins Investcorp from Pioneer Investments, where she was global head of credit and event-driven strategy research. She also served as a member of the board of directors for Pioneer Alternative Investments New York. Earlier, she ran Goldman Sachs’ fundamental strategies team in New York. She began her career as a structured credit strategist with Lehman Brothers.
In her new role at Investcorp, Ranguelova will be responsible for supporting the growth of investments in emerging managers and the single manager platform, the firm’s hedge fund seeding business.
“Elena has established an exemplary track-record working with credit and equity hedge fund managers throughout her career. Her analytical experience will serve as a great complement to the depth of the Investcorp hedge fund team, and her extensive network on the sell side enhances Investcorp’s ability to evaluate new emerging managers,” said Savio Tung, CEO, North America, in a statement.
As of June 30, 2013, Investcorp’s hedge fund group had approximately $4.2 billion under management, including $2 billion allocated to the single manager platform.