Ziff Brothers' Pande To Blackstone

Feb 14 2014 | 8:03am ET

Rather than strike out on his own, former Ziff Brothers Investments trader Parag Pande has joined one of the largest alternative investment firms in the world.

Pande became head of research at the Blackstone Group's fund of hedge funds business this week. The post at Blackstone Alternative Asset Management, the world's largest hedge fund investor, is new, and will see Pande evaluate hedge funds and seek out emerging managers for Blackstone's seeding funds.

Pande was an industrials trader at Ziff Brothers' U.S. hedge fund operation. The family office, which seeded Och-Ziff Capital Management 20 years ago, decided to shut down that business last year. Pande was among a large number of Ziff Brothers veterans expected to launch his own hedge fund following that move.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note