Cole Partners Hires New CIO

Jan 9 2008 | 1:00am ET

Cole Partners Asset Management has named Philip Halpern chief investment officer of Tellus Asset Management, a natural resources fund of hedge funds affiliated with the firm. Halpern is responsible for directing portfolio strategy and manager structure of the natural resources fund-of-funds.

Halpern formerly served as the CIO of the University of Chicago and California Institute of Technology. Prior to moving to the endowment world, he served as CIO at The Washington State Investment Board.

"Philip brings a strong vision and a proven history for innovation, and joins us at an important juncture in the firm’s development,” Brad Cole, founder of CPAM and chairman of the investment committee of Tellus, said. “His credentials, experiences and management expertise will be of great value to CPAM as the firm seeks to expand our franchise."

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