Saturday, 28 May 2016
Last updated 4 hours ago
Sep 11 2013 | 1:38pm ET
Fund of hedge funds Evanston Capital Management of Evanston, Illinois has hired Peter Hecht as vice president and senior investment strategist.
Hecht joins ECM from Allstate Investments where he was also a senior investment strategist, focused primarily on portfolio strategy and the management of Allstate’s property & casualty and pension portfolios, which included both alternative and traditional investments. Prior to joining Allstate, Hecht was an assistant professor of finance at Harvard Business School for five years.
In this newly created role, Hecht will lead ECM’s efforts to produce investment research and work collaboratively with ECM’s investors and their advisers to provide insight about how they can structure their portfolios to best meet their goals and objectives.
“Investors are continually evolving their use of alternative investment strategies and are looking to ECM for guidance about general investment issues and solutions to address their specific needs,” said ECM CEO and CIO Adam Blitz. “With Pete’s combination of academic credentials and practical experience, we expect he will be a great resource for our investors on a wide range of investment topics.”
Founded in 2002, ECM is a privately held investment adviser focused exclusively on managing multi-manager hedge fund programs for both institutional and high-net-worth investors. ECM has over 300 institutional investor relationships and $4.6 billion in assets under management.