Wednesday, 24 August 2016
Last updated 17 hours ago
Jan 10 2008 | 8:40am ET
Point Clear Capital Management has named a Citibank fixed-income veteran its new chief investment strategist.
The Fairhope, Ala.-based boutique structured credit hedge fund shop, which has about $80 million in assets under management, has hired Walter Kirkland. He will focus on developing new trading strategies and fundraising, and will be a member of the investment committee.
Prior to joining Point Clear, Kirkland worked at a variety of investment managers, including Ellington Management Group, Carl Marks & Co., and Lazard Asset Management. His time at Citi included stints as hedge of U.S. agency trading and head of European fixed-income sales and trading.
“This is a strategic addition for the firm, which will enhance our ability to deliver attractive trading strategies and services to our clients,” said Lyle Minton, partner. “Walter will be instrumental in the further development of our long/short strategy in a wider credit spread environment. In addition to growing our long/short fund, we are also working on a distressed fund and bringing an ETF to the market.”