AlternativeSoft Expands To North America

Nov 29 2007 | 11:25pm ET

AlternativeSoft, which specializes in software targeted at hedge funds, has named Serge Berger as vice president and head of technical sales for the Americas.

In his new role, Berger will be based in the firm’s newly established office in New York and is tasked with enhancing the firm’s U.S. and Canadian client base.

Prior to joining AlternativeSoft, Berger worked at JPMorgan in fixed income credit sales and trading.

“With the increased access and growing use of alternative investments by investors, minimizing the probability of extreme negative returns of hedge fund portfolios will continue to play a predominant role in the market,” said Berger. "Solutions that help to keep an eye on downside risk and allow fund selection by separating 'alpha' from alternative 'beta' offer great opportunity.”

“We want to stay close to our clients and prospects' base and New York was a natural step for our company as it has the largest concentration of hedge fund managers in the world,” said Stephan Joehri, chief technology officer and partner of AlternativeSoft.

The firm specializes in creating software that enables investors to use numerous hedge funds, funds of funds and portfolio simulation models to help construct portfolios which minimize extreme negative returns.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of