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

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

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

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...

 

From the current issue of