AltX Appoints Industry Veteran Strong to Board of Directors

Oct 5 2016 | 10:38pm ET

Hedge fund intelligence platform AltX has appointed former Russell Investments executive Hal Strong to its board of directors. 

Strong, a highly accomplished asset management and investment banking industry veteran, brings over 30 years of experience to the company, AltX said in a statement. 

He currently serves on the strategic advisory board of private equity firm Genstar Capital,  where he advises Genstar’s investment professionals on financial services investments. Beforehand, he was vice chairman of Russell Investments, where he helped build the firm into a global investment company with $250 billion in assets under management in more than 40 countries. 

During his 18-year tenure at Russell, Strong also served as COO, CFO, head of alternative investments and head of investment banking, having founded the latter two businesses at Russell.

“Hal joins the board at a very exciting time,” said AltX founder and CEO Sam Hocking in the statement. “We’ve already had a record year and he will certainly enhance our efforts as we continue to scale both domestically and internationally and look to roll-out new products and features.”

Strong’s addition comes three months after the firm launched its AltX Estimates feature, aimed at providing the most transparency possible across the entire hedge fund market through return data on over 17,000 funds, including performance data on over 80% of the ‘Billion Dollar Club’ funds.

Founded in 2012 and based in San Francisco, AltX is part of a new generation of fintech companies combining science, technology, relational and behavioral data with traditional financial analytics and regulatory data to deliver alternative asset manager and market insights. The company’s proprietary algorithms, big data, analytics, and relationship mapping help investors and hedge funds identify more compatible relationships and opportunities. 

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