Broad fund of hedge funds experience: skills across portfolio management, research, due diligence, sales and marketing.
SUMMARY OF QUALIFICATIONS:
Portfolio management responsibility with a track record that consistently met or surpassed objectives.
Headed the global equity research and due diligence team for fund of hedge funds unit.
Direct client interaction via portfolio updates and presentations.
Excellent relationships with managers and extensive industry network.
Extensive tenure provided exposure and involvement in all aspects of the business.
Participated in recruiting and training of staff.
PROFESSIONAL EXPERIENCE: New York
Director - Portfolio Manager and Global Head of Long/Short Equity Aug. 2001 - Feb. 2009
Portfolio Management:
Over six years of portfolio management responsibility for three long/short equity portfolios.
Managed a team responsible for ongoing due diligence on a global basis of approximately 60 long/short equity managers which represented approximately 40% of AUM across entire platform.
2006, 2007 & 2008 weighted average equity performance across platform was approximately 17%, 14% and -17%, respectively (AUMS ~$2,000mm).
Research and Due Diligence:
Conducted on-site and conference call due-diligence meetings with more than 1,000 managers globally.
Performed and supervised the writing, analysis and presentation of detailed investment recommendations to the Investment Committee for well over 100 managers which resulted in significant capital allocations.
Produced comparative analyses within equity sectors for all managers to utilize in portfolio construction. Performed quantitative analysis on multi strategy portfolios to determine impact of equity exposure.
Cultivated strong relationships with managers. Frequent dialogue on investments, as well as business and industry matters such as transparency and redemption policy.
Active sourcing, evaluating and allocating to emerging managers led to development of an emerging manager product.
Senior professional responsible for providing equity market input to the Investment Committee and portfolio managers.
Built a global network via extensive travel across US, Europe and Asia. Includes managers, industry contacts, service providers and clients.
Investment Committee:
Voting Member of the Investment Committee for the fund of funds group that managed multiple products totaling $5bn. Allocations were maintained with an average of over 110 funds across all strategies.
Active participation in manager approval for all investment styles, asset allocation, risk management, portfolio construction, sourcing new managers and new product development.
Active involvement in investment recommendations for all manager styles from an investment and risk perspective, as well as business assessment.
Sales and Marketing:
Active and extensive client participation in portfolio updates, including sales presentations with sales and marketing teams.
Interacted with prospective and existing clients including: High Net Worth individuals, family offices, banks, insurance companies and other institutions, and foreign governments.
Seconded for four weeks within a clients offices to develop their understanding of the industry. Responsibilities included: business requirements to build a hedge fund platform, initiate training for their staff, advising and evaluating prospective managers for potential allocations. Recommended investment options during 2008 and into 2009 as the opportunity set changed with great speed and frequency.
Presented material at industry and institutional conferences, and participated on various panels concerning topical issues. Proponent of characterizing hedged equity with long only equity.
Participated in new product development proposals (e.g. Emerging Managers, Climate Change Green and Clean initiatives).
Management and Teamwork:
Managed team of three investment professionals with regular interaction with support services (e.g. Legal, Compliance, Operations and Accounting).
Participated in the recruitment and development of staff, both at the undergraduate and graduate schools, as well as current professionals.
Responsible for developing three junior analysts on the equity team.
Sourced the person who became the Head of Risk Management.
Continually mentored employees, both investment and non-investment staff.
Vice-President - Due Diligence/Research Analyst Sept. 1999 - Aug 2001
Responsibilities included analysis of all hedge fund strategies prior to promotion as the equity specialist in 2001. Promoted from analyst to portfolio manager within 3 years.
Involved in all aspects of the product since inception when AUM were $343mm, and contributed to its peak growth level of approximately $6.3bn.
Initiated the recruitment of the senior accounting and finance person from Administrator to build the necessary in-house capabilities after the acquisition of the Firm.
Vice-President - Business Manager Fund of Hedge Funds Jan 1997 - Sept. 1999
Responsibilities included all non-portfolio related activities for the fund of hedge funds product, including: interaction with sales groups, accounting and administration personnel (third parties), and Legal Department.
Responsible for developing marketing materials and writing the quarterly newsletter. Direct interface with sales force and clients, and associated private placement documentation.
Controller responsibilities for the Structured Product Group.
Controller - Private Banking, Aug. 1993 - Dec. 1996
Controller within the Private Banking division of major Wall Street Bank for the Asset Management products (i.e. Investment Advisory, and Trust & Estates) which accounted for $75mm in revenue. Responsibilities included the control function for the Structured Product Group.
Volunteer - Student International Education Exchange May - Dec. 1990
Taught market economic fundamentals to citizens of the former communist block country, East Germany. Volunteers included 15 people representing 8 countries. Based in Dresden, Germany.
Internal Auditor - Empire Blue Cross and Blue Shield Oct. 1988 - May 1990
Responsibility for auditing various departments within the health insurance company.
EDUCATION:
Masters Business Administration, Fordham University: Accounting
Bachelor of Science, Fordham University: Concentration Finance |
