GAM Beefs Up Multi-Manager Team

Mar 19 2008 | 12:11pm ET

Asset management firm GAM has tapped Richard Silver to serve as head of GAM Multi-Manager (New York) and Jeffrey Rose as investment manager. 

The pair will be based in New York and will join GAM from US-based fund of hedge funds boutique Condor Capital.

Silver has previously held senior positions at O’Connor, Bankers Trust and UBS, where he was responsible for both the strategic direction of derivative sales and trading businesses and the successful money management of CTA strategies and multi-strategy funds of hedge funds.

Rose has worked with Silver at Condor Capital and its predecessor, Conquest Capital, since 2002. During this time, he held the position of co-manager of the fund of hedge funds portfolio. 

In addition to assuming the newly-created position of head of GAM Multi-Manager (New York) Silver will be a member of the investment management committee, and along with David Smith, chief investment director of GAM Multi-Manager, he will co-manage the lower volatility version of GAM’s flagship multi-strategy fund of hedge funds.

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