Harmonic Taps Fitzpatrick To Head NA Distribution

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.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

The Life Settlement: Yield For The Investor And Cash For The Consumer

Mar 31 2015 | 6:48am ET

Investors are languishing in a yield-starved, low-interest rate environment, looking...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note