Advent Taps Haber As COO

Apr 9 2014 | 11:24am ET

Advent Capital Management, the $8.3 billion New York-based asset manager, has appointed Kris T. Haber as chief operating officer.

Haber has more than 20 years of experience in the investment business, most recently as CEO of  Presidio Capital Group which he co-founded to implement infrastructure and facilitate growth for small fund managers. Prior to that, he served as global head of absolute return strategies at Threadneedle Investments and president of Threadneedle Investments North America. Before that, he spent approximately 14 years at Lazard Asset Management, rising to managing director and head of alternative investments.

In his new role at Advent, Haber will oversee the firm’s business development, investor relations and risk management departments as well as firm strategy and execution. Haber will also serve as a member of the management committee and report to Tracy Maitland, Advent’s president and chief investment officer.

Haber succeeds Osbert Hood, the former chairman CEO of MacKay Shields, who came out of retirement mid-2012 to serve as Advent's COO and who will continue to work with Advent through May, serving in a consultative capacity thereafter.

“I am very excited to have Kris as a member of the Advent team," said Maitland in a statement. "With his exceptional track record in the investment field, he brings tremendous experience, unique insight and leadership that will make him an invaluable addition. Advent has experienced significant success in providing an array of investment solutions to its clients, resulting in our AUM growth. I am confident Kris will be an integral part of our firm’s continued momentum.”


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...