Quadrangle Names New CIO

Mar 26 2008 | 1:13pm ET

Alternative asset management firm Quadrangle Group has appointed Alice Ruth as a managing principal and chief investment officer of Quadrangle Asset Management.

Ruth most recently served as CIO of the Gordon and Betty Moore Foundation, where she oversaw the management of a $6 billion investment portfolio. Prior to that, she was senior managing director, co-director equity research at Banc of America Securities/Montgomery Securities.

“Her extensive investment management experience and track record in managing and launching new investment strategies make her ideally suited to lead QAM,” Steven Rattner, a managing principal at Quadrangle, said. “We are confident that Alice will be highly effective in growing this new business and that she will provide compelling investment ideas within QAM's mandate.”

Quadrangle Group was founded in March 2000 and manages over $6 billion in private equity and hedge fund assets.


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...