Monday, 26 September 2016
Last updated 21 min ago
Sep 16 2013 | 9:13am ET
Quantitative macro hedge fund shop Harmonic Capital Partners has appointed Robert B. Fitzpatrick as managing director of North American distribution for its Massachusetts-based U.S. affiliate.
Fitzpatrick, with 20 years' experience in the financial services industry, joins Harmonic from First Quadrant, where he was director, global consultant relations and business development. He has also held senior positions managing consultant relationships at Putnam Institutional Management and Fidelity Investments.
In his new role at Harmonic, Fitzpatrick will be responsible for leading the development of the firm's institutional business in the region, with a particular focus on public and corporate pension plans.
Said David Pendlebury, Harmonic CEO, in a statement:
“We strongly believe our global macro and currency expertise are well suited to the needs of the North American institutional market and can be of significant benefit to investors. Bob’s appointment emphasizes our commitment to the region; his experience as a business developer and his relationships with the investment consulting community leave him ideally placed to lead our efforts in this key market.”
Harmonic, which specializes in spread-based trading strategies, was founded in 2002 and currently manages $1.162 billion, predominantly on behalf of institutional investors in Europe, the Middle East and North America.