PAAMCO Adds Asia Fund Of Funds Team

Dec 3 2008 | 10:25am ET

Fund of hedge funds shop Pacific Alternative Asset Management Co. has added a team of Asia specialist and their hedge fund to its offerings.

The KBC Alpha Asset Management Team has joined Irvine, Calif.-based PAAMCO. The newly-minted Pan Asia Alpha Strategies division at PAAMCO will continue to manage their $700 million in Asia-focused hedge fund investments.

"The integration of Pan Asia Alpha Strategies into PAAMCO's global operations gives us the ability to tap into a team of experienced and talented individuals with extensive experience across Asia, and to further enhance our clients' exposure to hedge funds in this important and developing region," PAAMCO CEO Jane Buchan said.

Nine KBC Alpha employees will move to PAAMCO’s offices in Singapore and London, including founder and chief investment officer Neale Safaty, who set up the firm in 2001 as the fund of funds division of KBC Alternative Investment Management.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR