$9B Firm Pushes Alts. Funds With New Hires

Jun 30 2008 | 1:12pm ET

Security Global Investors is making a concerted effort to penetrate the institutional investor market with its alternative global equity product offerings, and has made a pair of hires to boost that effort.

John Dodd and Sanjay Yodh have been added as managing directors of new business development. Dodd will be responsible for building SGI's institutional new business development efforts with a focus on consultants, not-for-profit organizations, family offices, public funds and corporate pension plans. He previously worked at U.S. Trust Asset Management, Friess Associates and the Boston Company.

Yodh, formerly with JPMorgan and Deutsche Asset Management, will expand SGI's presence globally, with a focus on Europe, Asia, and Australia.

SGI is currently prepping a global market neutral strategy to launch later this year.

SGI currently has approximately $9 billion in assets under management, approximately $1 billion in global equity investment strategies. The global equity team manages a global long only fund and a global long/short vehicle.

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