Peak Reshuffles Front Line

Sep 11 2008 | 11:33am ET

Geneva, Switzerland-based fund of hedge funds shop Peak Partners is reshuffling its management team after the departure of its chief investment officer.

Nikhil Jhangiani will become the firm’s new chief investment officer, replacing Ernesto Prado, who is leaving to pursue other interests. Jhangiani has been a director and member of the investment committee of Peak since its formation in 2006.

In addition, Philippe Manet has joined the firm and will become the portfolio manager of the Mont Blanc Fixed Income Fund. Previously, Manet was a partner of Alternative Investment Services, where he was portfolio manager of a fixed income focused fund of funds.

Robert Seiler, the manager of the Mont Blanc Summit Fund and co-manager of the Mont Blanc Leveraged Select Fund, will now also assume primary responsibility for the management of the Select Fund.

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