Fairfield Greenwich Group Adds MD and CTO

Fairfield Greenwich Group has hired Douglas Reid as a managing director on the investment team. Reid will focus on FGG's multi-strategy and single-manager hedge funds.

Prior to joining FGG, from 2005 to 2006, Reid was a co-founder of Alstra Capital Management, a New York-based advisor to over $1.6 billion in hedge fund investments that was spun out of Moore Capital Management, where Reid served as a portfolio manager from 2002 to 2005.