Aberdeen Asset Management Recruits Guggenheim Trio For Fund Interests Strategy

Jan 27 2017 | 7:11pm ET

Aberdeen Asset Management has reportedly lifted a three-person team out of Guggenheim Partners that will pursue the acquisition of minority equity interests in alternative investment management companies. 

Ajay Chitkara, Bradford Pilcher and Farhad Dehesh have come aboard Aberdeen’s New York-based $30 billion alternative investment division, according to an article in Pensions & Investments citing a company spokesperson.

The three are former senior executives in strategy and product development for alternative investments at Guggenheim, where they developed a multi-manager hedge fund platform with approximately $2 billion in AUM in two years. Pilcher and Dehesh have updated their LinkedIn profiles to show new titles at Aberbeen as senior investment managers. 

Another member of the group will reportedly join in February, the article continued, although no further details regarding the person’s identity were immediately available. 

Aberdeen’s alternatives platform encompasses multi-manager research, selection and portfolio management for hedge fund strategies, private debt and credit strategies, real asset investments and direct investments in infrastructure projects. The firm as a whole manages more than $400 billion on behalf of institutional and private investors.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

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

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...